Page 5 - Softbank

SoftBank-backed Unicommerce to deploy tech in 8,000 warehouses by next year

Multiple new categories and business models have emerged in the last two years in the area of e-commerce

Will cross $1-bn revenue run rate by year-end, predicts Ola Electric

The SoftBank-backed electric vehicle firm said it has surpassed Rs 500 crore revenue in its first two months of FY 22-23, and is on track to surpass the $1 billion revenue run rate by end of this year

SoftBank's Masayoshi Son to face shareholders shaken by $34 bn loss

Shareholders looking for signs of recovery see a portfolio awash with red instead

Amid testing times, SoftBank Group Int'l CEO leaves after 5 months on job

Five years of deploying billions of dollars into some of world's most celebrated startups saddled SoftBank Group with a record loss in the year ended in March after a global rout in tech valuations

IAMAI announces committee to study issues faced by VC firms in India

Softbank, Sequoia, IAN, 3one4 Capital, Eximius, Multiples Alternate Asset Management among others join panel

Goodbye to petrol two-wheelers by 2025! Ola building core tech for e-car

SoftBank-backed Ola said it uses proprietary artificial intelligence for optimal performance

Zomato's Blinkit deal to give Japanese investor SoftBank money in the bank

If the board does give its nod, SoftBank will get about 4-5 per cent stake in the listed entity

Top headlines: RBI steps in to save rupee, power crisis deepens, and more

India's Minister of State for New and Renewable Energy Bhagwanth Khuba launched a "Ghar Ke Upar Solar Is Super" - another of those catchily-named schemes that characterise the Narendra Modi government

Meesho eyes 1.2 bn shipments by next year using third-party logistics

SoftBank-backed internet commerce firm aims to become biggest contributor in its space in terms of shipments through 3PL players

Softbank-backed InMobi expands partnership with Microsoft Advertising

To support enterprise and strategic advertisers in Southeast Asia, West Asia, and Africa under new arrangement

Japanese tech investor SoftBank's investment in India may fall to a third

Among the deals that SoftBank has completed this year in India are Polygon

SoftBank Group's top executives pay slashed after historic Vision Fund loss

SoftBank Group's founder and Chief Executive Officer Masayoshi Son kept his pay unchanged at 100 million yen (roughly $785,000)

Fintech regulation must be calibrated

Fintechs have leveraged the gaps in traditional financial institutions and processes to provide increased efficiency and productivity. They have been a vehicle of financial inclusion

Cars24 to Vedantu, start-up lay-offs accelerate on capital crunch worries

Falling valuations, slowing funding rounds add to woes; move aimed at conserving cash and shore up profitability

Unicorns staring at fund woes, drop in valuation amid Covid-19 outbreak

Curbs on investment by Chinese investors a major roadblock

All the world's a stage for unicorns

In 2021, when the buzz is around start-ups going for IPOs and celebration of Indian entrepreneurship, it's also time to acknowledge the role of global players in the journey to stardom

I'm 'personally liable' for $750mn SoftBank loan: Better.com's Vishal Garg

It was Garg and not the company, who took responsibility for compensating the Japanese investment giant SoftBank for any losses, reports TechCrunch

SoftBank CEO pays price for tech bets with $20 billion loss at Vision Fund

The Vision Fund swung to a loss of 2.64 trillion yen ($20.5 billion) for the year ended Mar. 31, compared with a 4.03 trillion yen profit in the previous year

SoftBank logs $13 bn FY net loss, will trim tech investment portfolio

'We have to prepare for the worst; be in defence mode,' says Masayoshi Son, company CEO and founder

Flipkart's social commerce arm Shopsy may hit 100 mn users this year

Social commerce is expected to be about a $70 billion market opportunity in the next few years