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Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. 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...
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...
Shadowfax operating revenue up 74% YoY in Q4, posts net profit of Rs 56 croreNew-age logistics firm Shadowfax saw its operating revenue surge 74% year-on-year to Rs 1,237 crore in Q4FY26. The company achieved a net p...
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...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Meesho Q4 revenue jumps 47%; operating losses widen on aggressive growth pushCEO Vidit Aatrey said that over 70% of the company’s code now is being written using artificial intelligence. More than three fourths of Me...
Ecommerce firm Meesho to launch IPO on December 3; aims to raise Rs 4,250-crore via fresh issueThe company's maiden public offering will conclude on December 5, and anchor investors will be allocated shares on December 2, according to...
SoftBank posts $7.18 billion annual loss as Vision Fund slides furtherJapan's SoftBank Group Corp reported an annual net loss of 970 billion yen ($7.18 billion) for the year ended March 31, with the Vision Fun...
SoftBank Vision Fund elevates Sumer Juneja to managing partner positionSumer Juneja joined SoftBank Vision Fund in 2018 as partner and head of India and has since led investments in Swiggy, Meesho and Eruditus.
SoftBank may invest $10 billion in Indian startups in 2022India has been a bright spot for SoftBank, whose Vision Fund reported a record loss of $7.2 billion for the quarter ended in September.
Paytm set to get 7% stake in IPO-bound PayPayThis was revealed in a regulatory filing on Wednesday by SoftBank, which owns around 20% stake in One97 Communications, the parent entity o...
Masa Son unveils a $41 billion asset sale to silence his criticsSon is trying to salvage his reputation as one of the world’s foremost tech investors, a name based largely on a prescient early bet on Ali...
SoftBank set to dispatch $450 million to DelhiveryInvestment likely to catapult delivery firm into unicorn club, make SoftBank single-largest investor as founders seek to pare holdings subs...
SoftBank Vison Fund may put Rs 1.8k crore in DelhiveryThe $100 billion fund started by SoftBank’s Japanese billionaire founder, Masayoshi Son, is evaluating Delhivery at a post-money valuation ...
Making sense of the Softbank’s $6.5 bn India betMasayoshi Son is known for his multibillion dollar bets around the world. He does after all have a $93 billion fund to dig into – the SoftB...
Respect Snapdeal founders' move, talking to Flipkart: SoftBank's Masayoshi SonAfter the Snapdeal transaction did not work out, SoftBank is now looking at investing upto $2 bn in Flipkart through its SoftBank Vision Fu...
SoftBank fund is said to be in talks to invest $2 billion in FlipkartThe fund is looking at putting between $1.5 billion and $2 billion into the largest Indian e-commerce operator within the next two months, ...
What led to the SoftBank-Snapdeal falloutAs SoftBank nears a deal to sell what was its largest portfolio company in India, we take a deep dive into how Snapdeal's valuation fell dr...
Japan’s second-richest man faces $8.6 billion Yahoo asset sales dilemmaSoftBank Group is the largest investor in Yahoo Japan, controls several board seats and wields more power over the country’s most profitabl...