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SOFTBANK SWIGGY INVESTMENT
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
- Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
- No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha MajetySwiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as part of a broader push to become a...
- ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
- Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
- Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
- Manoj Kohli joins Adobe International Advisory BoardAdobe has welcomed former SoftBank India head Manoj Kohli to its International Advisory Board. With decades of experience in telecom and te...
- Swiggy recasts board following IPO; SoftBank, Accel nominees exitSoftBank’s Sumer Juneja and Accel partner Anand Daniel have resigned from the board, according to regulatory filings. SoftBank and Accel ar...
- SoftBank posts first annual profit in four years, but Ola and Swiggy weigh on Vision Fund 2 in Q4SoftBank Group reported a $708 million investment loss for its Vision Fund 2 in the January-March quarter, primarily due to the poor perfor...
- SoftBank India elevates Sarthak Misra to partner roleSarthak Misra, who joined the fund in 2019 from Matrix Partners India, sits on the board of ecommerce firm Meesho and business-to-business ...
- Swiggy can give good returns too if it goes public, says SoftBank's SonSoftBank CEO Masayoshi Son said Zomato and Swigyy were the two dominant players in the market with an equal market share.
- CCI clears SoftBank’s $450-million investment in SwiggyThe funding is an extension of Swiggy’s $800-million round, which saw participation from investors such as Falcon Edge, Amansa Capital, Thi...
- SoftBank seeks CCI approval to invest in SwiggyThe technology fund of Masayoshi Son-led SoftBank Group Corp. is finalising a $450-million investment into the online food delivery platfor...
- ETtech Scoop: Swiggy set to raise $450 million from SoftBankThe SoftBank deal is likely to peg Swiggy's valuation at $5 billion—pre-money or pre-investment—and is an extension of the $800 million fun...
- SoftBank ropes in Sumer Juneja to head its investments in IndiaSumer Juneja will take on the role at SoftBank from his previous position as director at the US-headquartered venture capital’s India offic...
- SoftBank now in talks to put Zomato on its menuSoftBank is the largest shareholder in cab hailing applications Ola and Uber, both of which acquired and launched food delivery services la...
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