SoftBank sees new-found caution as secret weapon in AI arms raceThe Vision Fund unit made just 29 new and follow-on investments in all of 2023 out of more than 300 companies it studied. The October-to-De...
09 Feb, 2024, 04.46 PM IST
SoftBank Vision Fund sold down Paytm stake before shares plungedSoftBank has been offloading Paytm shares regularly since at least November 2022 through last month, according to a Bloomberg analysis of c...
09 Feb, 2024, 08.50 AM IST
SoftBank’s India portfolio value rises 9% to $14 billionSoftBank swung into profits for the first time in five quarters with a net profit of over $6 billion for the three months ended December, a...
09 Feb, 2024, 12.10 AM IST
SoftBank took home $1.8-1.9 billion from four listed portfolio companiesJapanese investor SoftBank has sold stakes worth $1.8-1.9 billion during the public offerings and through post-listing sales in four Indian...
02 Jan, 2024, 10.18 AM IST
SoftBank-backed FirstCry set to file for IPO, eyes $500-600 million raiseFirstCry will be the second Indian vertical e-commerce platform to go public after Nykaa’s IPO in 2021. The Pune-headquartered company spec...
20 Dec, 2023, 10.59 AM IST
ETtech Explainer: Softbank-owned Arm Ltd set to go public in biggest IPO of the yearSoftBank decided to take Arm public after a deal to sell the company to Nvidia Corp for $40 billion collapsed last year amid objections fro...
22 Aug, 2023, 02.24 PM IST
Three Indian family offices pick up Rs 435 crore SoftBank stake in IPO-bound FirstCrySoftBank, which held 29% in the company, is believed to have diluted its stake by about 1.5-2% as part of the secondary share sale.
21 Aug, 2023, 11.47 AM IST
Exclusive: Manipal Group’s Ranjan Pai in talks for stake in FirstCryPai is expected to invest around Rs 250 crore in the ecommerce firm as part of a broader secondary share sale at FirstCry at a valuation of...
14 Aug, 2023, 09.37 AM IST
Indian portfolio firms Swiggy, Lenskart, FirstCry, OfBusiness preparing to go public soon: SoftBank’s Navneet GovilSoftBank's Vision Fund swung to a profit after six straight quarters of losses and said it will begin investing after a prolonged period of...
09 Aug, 2023, 09.43 AM IST
Byju’s term loan gets more expensive; MPL lays off 350 post GST hitByju's quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an addition...
09 Aug, 2023, 07.41 AM IST
SoftBank back in ‘offence’ mode, begins writing cheques againSoftBank on Tuesday reported a surprise net loss of over $3 billion in the first quarter, hit by the double whammy of a drop in share price...
08 Aug, 2023, 07.28 PM IST
SoftBank may start third Vision Fund after existing capital usedVision Fund 2 still has $6.5 billion to spend on fresh investments, said Navneet Govil, executive managing partner at SoftBank Global Advis...
07 Feb, 2023, 04.32 PM IST
SoftBank hit as profit, and Arm deal, collapseSoftBank Group Corp reported a 97% drop in quarterly profit and the collapse of a deal worth up to $80 billion to sell chip designer Arm on...
08 Feb, 2022, 06.47 PM IST
SoftBank dragged into red by falling Vision Fund valuationsBright spots for the Vision Fund include its India portfolio with ride-hailer Ola and logistics firm Delhivery targeting listings.
08 Nov, 2021, 01.18 PM IST
SoftBank Vision Fund sees further upside from Policybazaar, Paytm IPOs after $2-billion profitSoftBank Vision Fund posted a 236 billion yen ($2.14 billion) profit in the first quarter even as gains from listing portfolio companies we...
10 Aug, 2021, 02.40 PM IST
SoftBank's Vision Fund posts $2 bn profit, share weakness casts shadowThe Japanese conglomerate posted record annual profit in May with executives pointing to further upside from Vision Fund investments such a...
10 Aug, 2021, 01.57 PM IST
SoftBank's Sama may stay off $100bn fundSVF was conceived by the Japanese group's founder Masayoshi Son last year, and is unlikely to figure Sama on its investment committee, whic...
24 May, 2017, 09.21 AM IST