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Cars24 launches AI lab, commits $20 million to AI, early-stage startupsCars24 is launching Cars24 Labs, a new initiative backed by a $20 million investment. This program will focus on developing artificial inte...
Cars24 operating loss narrowed in FY26, revenue grew 27%: CEO Vikram ChopraUsed-car platform Cars24 reported a 27% revenue jump to Rs 1,411 crore in FY26, significantly cutting losses by 36%. The company achieved E...
TiEcon 2026 Returns to Silicon Valley with “AI & You” Theme as AI Moves from Hype to ExecutionTiEcon 2026, set for April 29-May 1 at the Santa Clara Convention Center, will focus on "AI & You: Human Centered, AI Powered," emphasizing...
Palo Alto Networks CEO Nikesh Arora joins General Catalyst board as cofounder David Fialkow steps downGeneral Catalyst has appointed Palo Alto Networks CEO Nikesh Arora as its first lead independent director. Arora, a prominent tech operator...
SoftBank's Sumer Juneja to join Oyo boardSumer Juneja will join Oravel Stays Ltd as non-executive director, pending EGM approval, representing SoftBank Vision Fund. OYO, backed by ...
SoftBank ex-COO to lead Chinese phenom Shein’s Latam driveClaure, once a lieutenant to SoftBank founder Masayoshi Son, will lead the region’s operations, according to a statement Tuesday. The forme...
Never invest because of FOMO: former SoftBank COO Marcelo Claure after FTX debacleMasayoshi Son’s telecoms and technology conglomerate SoftBank is expected to have written down $100 million after FTX meltdown.
SoftBank executive pay slashed after historic Vision Fund lossSoftBank’s founder and chief executive officer (CEO) Masayoshi Son kept his pay unchanged at 100 million yen (roughly $785,000), however fo...
JusPay launches software to make digital wallets mutually compatibleThe Reserve Bank of India (RBI) said in May 2021 that all prepaid cards and wallets that are full-KYC compliant must be fully interoperable...
Google bets a billion on Bharti Airtel; Zomato backs two more startupsGoogle will make an equity investment of $700 million in Bharti Airtel at Rs 734 a share. The $300 million go towards scaling Airtel’s offe...
SoftBank COO to step down, as per media reportsThe potential exit comes after a media report citing multiple sources said last month that Claure was seeking about $2 billion in compensat...
After Paytm, SoftBank eyes Juspay as its next India fintech betSoftBank Vision Fund is close to leading a $100-120 million funding round at Juspay, valuing the fintech startup at $400-500 million. That,...
SoftBank Vision Fund head's pay doubled last year despite massive lossesSoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to roughly $15 million, even as th...
Rajeev Misra & Marcelo Claure's power clash at top of SoftBank puts Son's vision in questionMarcelo Claure clashed from the start with Rajeev Misra, who oversees SoftBank’s $100 billion Vision Fund and many of Masayoshi Son’s most ...
SoftBank elevates Vision Fund CEO Rajeev Misra to executive VPThis potentially places the veteran banker among those in line to succeed the Tokyo-based company’s founder Masayoshi Son.
Paytm Mall raises Rs 3,000 crore from SoftBank, AlibabaWhen contacted, Paytm Mall COO Amit Sinha said the latest investment led by Softbank and Alibaba reaffirms the strength of the company's bu...
Ola in talks with SoftBank, others to raise fresh fundsSoftBank recently led a $750million cash injection in Grab, Uber's competitor in Southeast Asia, signalling its support for its investee co...
Nikesh Arora's resignation is unlikely to hurt India's startup ecosystem much. Here's whyThe Tokyo-based investor has anyway slowed down investments in India and has not made any fresh deals in the past eight-nine months.
SoftBank's Nikesh Arora gets $73 million pay package for 2016As per a proxy issued by SoftBank today, Arora's compensation includes $14.2 million (1.56 billion) paid by other SoftBank units.
SB Energy wins NTPC bid for solar project in Andhra PradeshSB Energy, the joint venture firm of SoftBank, Bharti Enterprises and Foxconn, has won its first solar project in India at a tariff of Rs 4...