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...
06 May, 2026, 07.37 AM IST
Post-listing, SoftBank’s holdings in Ola Electric, FirstCry, Unicommerce worth $2 billionThe Japanese technology investor has already raked in $400 million from secondary stake sales in these three companies. SoftBank had invest...
14 Aug, 2024, 07.11 AM IST
SoftBank Vision Fund sells more of its FirstCry stake ahead of IPOFamily offices of Indian cricketer Sachin Tendulkar, Ravi Modi of ethnic wear brand Manyavar, Infosys cofounder Kris Gopalakrishnan, and TV...
25 Dec, 2023, 02.00 PM 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
FirstCry plans secondary offer to sovereign funds at $ 3 billion valuationInitial talks on for around $100m transaction; SoftBank to sell small stake.
14 Apr, 2023, 06.01 AM IST
FirstCry’s NIIF deal falls through; Premji Invest to buy the stakeThe development comes at a time when FirstCry has also begun work to go public later this year. It appointed Kotak Mahindra Capital and Mor...
02 Apr, 2022, 12.39 AM IST
NIIF-FirstCry deal falls through; Premji Invest to step in valuing etailer at $2.7-3 billionThe company’s parent, Brainbees Solutions, was valued at more than $2 billion earlier. SoftBank is its single largest shareholder, with aro...
01 Apr, 2022, 10.13 PM IST
India's sovereign wealth fund invests in FirstCry; SoftBank, others offload stake in secondary dealChiratae Ventures and Newquest Capital Partners have also sold parts of their holding in the company. SoftBank will still have around 30% i...
03 Feb, 2022, 01.03 PM IST
GlobalBees enters unicorn club with $110 million funding led by Premji InvestPost the investment, GlobalBees said its valuation has risen to $1.1 billion.
28 Dec, 2021, 11.29 PM IST
PolicyBazaar raises over $238 million in SoftBank-led roundExisting investors including Info Edge (India) Ltd also participated in the Series F round, ETechAces, which owns PolicyBazaar and online l...
26 Jun, 2018, 08.12 AM IST
Flipkart-Snapdeal deal: Negotiations on for higher offerSoftBank, Snapdeal's largest investor, has been proactively mediating the sale for the past few months. The board also has representation f...
05 Jul, 2017, 06.12 PM IST
Snapdeal board rejects $800-$900 million buyout offer from FlipkartThe development comes days after Flipkart, the country’s largest online retailer, completed its commercial and legal due diligence of Snapd...
05 Jul, 2017, 09.05 AM IST
PremjiInvest writes to Snapdeal again for sale clarityThis is the second query, in as many months, from the investment firm asking how the rights of minority shareholders will be protected.
23 Jun, 2017, 09.16 AM IST
A Snapdeal board meet could end with a Flipkart dealPrimary stakeholders Snapdeal to meet today to thrash out the final details of its sale to rival ecomm firm Flipkart
02 May, 2017, 08.01 AM IST
Japan's SoftBank becomes largest investor in Indian startups after buying stake in Snapdeal, OlacabsSoftBank, which made an early bet on China’s Alibaba where it owns shares worth around $80 billion, is hoping to replicate its success in I...
29 Oct, 2014, 04.57 PM IST
SoftBank buys $627 million stake in online retailer SnapdealSnapdeal will use the investments in expanding its chain of fulfilment centres and make acquisitions specifically in the area of mobile tec...
28 Oct, 2014, 01.30 PM IST
Softbank's $650 million investment to value Snapdeal at $2 billionMultiple sources familiar with the transaction said that the fund-raising will leave Snapdeal with a valuation of around $2 billion.
16 Oct, 2014, 08.47 AM IST