SoftBank Group Corp

Tech startup funding breaches $1 bn in May on the back of growth deals

Vijayakumar Pitchiah

Investments in technology startups surged to $1.2 billion in May on the back of a number of big-ticket growth-stage bets by investors ....

4 June, 2019

Delhivery confirms fresh funding round from SoftBank, others

Vijayakumar Pitchiah

Gurugram-based logistics company Delhivery Pvt. Ltd has confirmed that it raised $413 million (Rs 2,890 crore) in a funding round ....

25 March, 2019
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Ola raises $300 mn from Hyundai Motor, Kia

Binu Paul

Ride-hailing company Ola has raised $300 million (Rs 2,050 crore) from South Korean automakers Hyundai Motor Co and Kia Motors ....

19 March, 2019

SoftBank, Toyota may invest $1 bn in Uber's self-driving unit

Reuters

A group of investors led by SoftBank Group Corp and Toyota Motor Corp is in talks to invest $1 billion or more into Uber Technologies ....

14 March, 2019

Cloud kitchen startup InnerChef pockets pre-Series B funding

Kavya Kothiyal

Cloud kitchen startup InnerChef Pvt. Ltd has raised around $6.5 million (Rs 43 crore) in a pre-Series B funding round from a clutch ....

8 January, 2019

Facebook's Kirthiga Reddy joins SoftBank's Vision Fund as first venture partner

Joseph Rai

Japanese internet conglomerate SoftBank Group Corp. has roped in former Facebook India head Kirthiga Reddy to be a part of its ....

7 December, 2018
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Uber posts $1 bn loss for July-Sept as growth in bookings slows

Reuters

Uber Technologies Inc said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6 percent in the ....

15 November, 2018

Flipkart sale, Oyo valuation gain help SoftBank post higher Q2 profit

Team TC

SoftBank Group Corp’s profit for the quarter through September jumped 78%, helped by gains from the sale of its stake in ....

5 November, 2018

Paytm parent clocks five-fold rise in FY18 revenue, e-commerce arm’s loss balloons

Vijayakumar Pitchiah

One 97 Communications Ltd, the parent of digital payments and financial services firm Paytm, has clocked a nearly five-fold rise ....

29 October, 2018

Uber's dealmaking chief resigns after sexual misconduct allegations

Reuters

Cameron Poetzscher, who oversaw a string of high-profile deals at Uber Technologies Inc, has resigned, weeks after a report on ....

23 October, 2018
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InMobi buys US telecom operator Sprint’s mobile advertising unit

Reuters

Sprint Corp has sold the mobile data and advertising company it created in 2012 to InMobi, which provides technology for marketers, ....

17 October, 2018

SoftBank teams up with Toyota for future car technologies

Reuters

Toyota Motor Corp and SoftBank Group Corp said they would team up to develop new transport services, adding to a slew of deals ....

4 October, 2018

SoftBank may invest $200-250 mn in logistics firm Delhivery: Report

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank is likely to put up to $250 million (Rs 1,842.36 crore) in e-commerce logistics firm Delhivery ....

4 October, 2018

Ola raises $50 mn from two new Chinese investors

Dearton Thomas Hector

Cab-hailing app Ola, run by ANI Technologies Pvt. Ltd, has raised $50 million (around Rs 360 crore) from two new Chinese investors ....

18 September, 2018

SoftBank steps up search for India head, engages headhunting firm

Binu Paul

Japanese telecom and Internet conglomerate SoftBank Group Corp is aggressively on the lookout for a suitable candidate to lead ....

4 September, 2018

With AI, insurance claims will soon be processed in real time: PolicyBazaar's Ashish Gupta

Anirban Ghoshal

Gurgaon-based ETechAces Marketing & Consulting Pvt. Ltd, the Softbank Group Corp-backed company that owns online insurance ....

3 September, 2018

Paytm Mall to tie up with BigBasket, other retailers to take on Flipkart, Amazon

Reuters

Paytm Mall, the e-commerce venture backed by China’s Alibaba Group, is looking to deepen ties with regional retailers as ....

30 August, 2018

Paytm parent One97 Communications buys fintech app Balance

Kavya Kothiyal

One97 Communications Ltd has acquired the operator of fintech application Balance, as the parent of digital payments company Paytm ....

9 August, 2018

Flipkart stake sale boosts SoftBank's April-June profit by 49%

Reuters

Japan’s SoftBank Group Corp on Monday reported a 49 percent rise in first-quarter operating profit, boosted by the sale ....

6 August, 2018

Paytm to snap up hotel booking app NightStay Travels

Dearton Thomas Hector

SoftBank- and Alibaba-backed digital payments and e-commerce firm Paytm is all set to acquire NightStay Travels Pvt. Ltd, a Delhi ....

3 July, 2018

PolicyBazaar raises $200 mn from SoftBank, others; joins unicorn club

Vijayakumar Pitchiah

ETechAces Marketing & Consulting Pvt. Ltd, the operator of online insurance selling platform PolicyBazaar.com and lending ....

25 June, 2018