Oyo parent Oravel Stays likely to raise $200 million at 2x valuation of $4.5-5 billion: Report
New Delhi/IBNS: Oravel Stays, the parent company of the global travel and hospitality firm Oyo, is reportedly in discussions to raise $200 million through a primary funding round, according to a report by Business Standard.
SoftBank develops AI-driven voice tech to deal with angry customers
Japanese tech giant SoftBank Corp has introduced an innovative voice-altering phone technology to combat the growing issue of "customer harassment."
SoftBank offloads 2% stake in Paytm for Rs 980 cr
Mumbai: Japanese investor SoftBank divested a 2% stake in One 97 Communications, the parent company of fintech firm Paytm.
SoftBank offloads 1.1% stake in Zomato for Rs 1,125 cr
Mumbai: VF Growth (Singapore) Pte Ltd, the venture capital fund affiliated with Japan's Softbank, has completed its exit from food delivery company Zomato, through open market transactions conducted on Friday, media reports said.
SoftBank to divest stake in Zomato via block deal
Mumbai: Japanese investment holding firm SoftBank is aiming to divest a 1.1% share in the Indian food delivery service Zomato through a block deal valued at 11.28 billion rupees ($135.36 million), as per sources cited by CNBC-TV18 on Thursday.
SoftBank to sell 1.17% stake in Zomato for Rs 940 cr: Report
Mumbai: SoftBank Vision Fund (SVF Global) is reportedly planning to sell a 1.17 percent stake in food delivery giant Zomato for Rs 940 crore (approximately $126 million) through a block deal, media reports said.
SoftBank offloads 2% stake in Paytm parent One97 Communications
Multinational investment firm SoftBank Thursday communicated to the bourses that it has offloaded a little more than 2 percent stake in One97 Communications Limited, the parent company of Paytm, in compliance with the SEBI regulations, Moneycontrol reports said.
SoftBank CEO Masayoshi Son attends OYO founder Ritesh Agarwal's wedding
New Delhi: SoftBank CEO and founder Masayoshi Son attended the wedding ceremony of Ritesh Agarwal, the founder of OYO in Delhi. The occasion was also attended by several prominent corporate figures, including Vijay Shekhar Sharma of Paytm, Peyush Bansal of Lenskart, and Kalyan Krishnamurthy, the CEO of Flipkart, according to media reports.
SoftBank sells 2.8 cr shares worth Rs 954 cr in block deal
Mumbai/IBNS: SoftBank sold 2.8 crore shares worth Rs 954 crore on Wednesday in the Gurgaon-based logistics firm Delhivery through bulk deals. The sale represents 3.85% of the company's total shares, and the shares were sold at Rs 340.80 each.
Softbank plans to sell shares worth Rs 600 cr in Delhivery via block deal on Wednesday: Report
Mumbai: Japan’s Softbank Group is planning to offload approximately Rs 600 crore worth of shares in Delhivery through block deals on Wednesday, media reports said.
Soft Bank CEO meets Narendra Modi
New Delhi, Dec 2 (IBNS): Masayoshi Son, Chairman and CEO ,Soft Bank,Japan, met Prime Minister Narendra Modi here on Friday.
COO Nikesh Arora to take on advisory role at SoftBank Group
Tokyo, June 21 (IBNS) SoftBank Group Corp.on Tuesday announced that Nikesh Arora, Representative Director, President and Chief Operating Officer of SBG, will assume an advisory role, effective July 1.
SoftBank, Bharti and Foxconn to Form Joint Venture for renewable energy in India
New Delhi, June 22 (IBNS) Japan headquartered telecommunications and Internet major SoftBank Corp, leading Indian business conglomerate Bharti Enterprises Limited ("Bharti") and Taiwan-based top design and manufacturing services provider Foxconn Technology Group ("Foxconn"), came together with plans to form a joint venture, SBG Cleantech Limited ("SBG Cleantech") to promote the adoption of clean and safe energy in India.