Late in the week SoftBank made news for being in talks to invest in several startups this year. It is said to be in talks to back B2B marketplace OfBusiness with a $150 million cheque and invest $700 million in Flipkart, part of a roughly $4 billion India investment strategy for SoftBank Vision Fund 2 in 2021.
Other top headlines included continued dialogue between the Indian government and the likes of WhatsApp, its parent company Facebook, Twitter, and Google as the parties negotiate over the necessity of amending the country’s new IT intermediary rules.
Home services company Urban Company co-founder and CTO Raghav Chandra joined the episode this week to talk about the backdrop of the home services company’s close of its latest funding round at $255 million. Chandra shared the product and innovation roadmap ahead for the Prosus Ventures backed company as it deals with a pandemic and spends the latest capital infusion.