Page 9 - Softbank

SoftBank-backed Oyo shortlists 3 investment banks for $1.2-bn IPO: Report

The hotel aggregator, in which SoftBank owns a 46% stake and is one of its biggest bets, has endured months of layoffs, cost cuts and losses during the global health crisis

SoftBank Group funding turns India start-up Mindtickle into unicorn

The latest funding takes the total capital raised to $281 million, including a $100 million round last November that was also led by SoftBank

SoftBank said to build a $5 billion stake in Swiss drugmaker Roche

The Japanese conglomerate is now one of Roche's largest investors, according to data compiled by Bloomberg.

Policybazaar files DRHP with Sebi, aims to raise over Rs 6,000 cr via IPO

Of this, Rs 3,750 crore will be fresh issue portion and OFS of Rs 2,267.5 crore

Edtech startup Unacademy gets $440 mn funding, valuation crosses $3.44 bn

Unacademy Group's valuation has grown almost ten times in 18 months, riding on demand for online training

SoftBank-backed Policybazaar seeks to join India tech IPO train

Policybazaar was founded in 2008 to tap the large population of under-insured in a country of 1.3 billion people

SoftBank Q1 performance seen buoyed by China IPOs; crackdown clouds outlook

The group reported a record $37 billion net profit in the financial year ended March due in large part to outsized gains from a stake in South Korean e-tailer Coupang Inc.

SoftBank sells 45 mn shares in Uber after Didi bet backfires: Report

Uber shares fell 4.6% at $44 in extended trading before erasing most of its losses.

SoftBank-backed Unacademy acquires game streaming platform Rheo TV

Unacademy will fully acquire Rheo TV and enable exit of all existing investors; deal value not disclosed

Vision Fund's bet on Didi Chuxing falls $4 billion into the red

More than one-quarter of the Vision Fund's portfolio is the Japanese group's heavy investment in China's tech sector.

SoftBank's robotics ambitions short circuit as Pepper loses power

SoftBank will end sales of new Pepper units in 2023 at the latest as those parts become obsolete: report

Crypto firm FTX Trading's valuation rises to $18 bn after $900 mn funding

The latest funding comes as investor sentiment towards cryptocurrencies has somewhat soured after an initial euphoria earlier this year due to mounting regulatory concerns globally

Swiggy valuation tops $5.5 bn after raising $1.25 bn from SoftBank, Prosus

The fundraise will give Swiggy enough firepower to take on rivals such as Zomato, Amazon, Dunzo and Ola Foods

SoftBank-backed Lenskart raises $220 million as India's tech industry booms

Lenskart sold about 8 million pairs of eyewear last year and is aiming to grow that by 30 per cent in the year ending March 2022

One97 taps IPO market in new, bigger avatar 11 years after aborted attempt

Vijay Shekhar Sharma-founded firm had to shelve Rs 120-cr IPO last minute in December 2010

Paytm submits draft papers for its $2.2-billion IPO to market regulator

SoftBank-backed Paytm has filed for an initial public offering of up to $2.23 billion, draft papers submitted to the country's market regulator showed on Friday

Netradyne raises $150 mn from Softbank Vision Fund and others

US based start-up Netradyne on Thursday said it has raised USD 150 million in series C round led by Softbank Vision Fund at a valuation close to USD 1 billion.

CCI clears SoftBank's $450-mn investment in food delivery firm Swiggy

Sources say funding is an extension of Swiggy's $800-mn round in April from investors such as Falcon Edge, Goldman Sachs and others, which took the company's valuation to $5 bn from $3.6 bn

CCI approves deal involving SoftBank Group entity buying stake in Swiggy

Competition Commission of India (CCI) on Monday gave its nod for a proposed deal involving SoftBank Group entity purchasing a stake in food ordering and delivery platform Swiggy

PharmEasy parent API Holdings in talks with SoftBank to raise $100-200 mn

Softbank is still evaluating proposal. The firm aims to acquire a company in the healthcare space and to clear loans raised earlier, says source