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SOFTBANK STAKE IN OYO
SoftBank’s Masayoshi Son to join PM Modi at Oyo founder’s weddingHowever, Son’s presence is creating complexities for organisers of the New Delhi wedding reception. The 65-year-old, who increasingly prefe...
SoftBank cuts Oyo’s valuation to $2.7 billion ahead of planned IPOThe Japanese investor’s latest valuation of Oyo – as of June quarter – is based on comparison to similar firms in the public markets, peopl...
Oyo said to file for $1.2-billion IPO next weekOyo is looking to list in Mumbai and its IPO is tentatively pegged at between $1 billion and $1.2 billion. It will consist of a fresh issue...
Oyo is slashing footprint and headcount in virus-hit JapanThe company’s expansion proved overly aggressive and it was scaling back even before the coronavirus outbreak, slashing staff in China by a...
From Oyo to WeWork, Son's growth at any cost strategy cost him $17 billionSoftBank said it expects to record an investment loss of 1.8 tn yen at Vision Fund for the year ended March 31.
Virus hit Oyo puts Son's $2 billion guarantee at riskOyo risks turning into another problem startup for SoftBank and Son, still reeling from WeWork's meltdown.
After WeWork, SoftBank’s startup accounting model under fire. Oyo raises eyebrowsThe Vision Fund put $250 million into Oyo in 2017 and led a $1 billion funding round last year, which pushed the Indian company’s valuation...
Uber is biggest loser in SoftBank IPO returns, Oyo a bright spotAt the Vision Fund, unrealized losses totaling $1.84 billion were recorded during the quarter ending June 30, attributable to decreases in ...
Oyo's Ritesh Agarwal finds backing from Mizuho, NomuraJapanese financial groups to fund Oyo founder’s $2-billion share purchase plan.
Oyo founder in talks to buy back $1.5 billion sharesThe move, unprecedented among new-age Indian startups, will help Agarwal raise his stake to around 30%.
Oyo and Softbank form JV to launch hotels business in JapanOyo to hold 50% while Softbank & its Vision Fund will own 25% each.
OYO and SoftBank form JV to launch hotels business in JapanThe Japanese joint venture will see OYO holding a 50% stake, with Softbank Corp and Vision Fund owning 25% each.
OYO, Flipkart gains help beef up SoftBank’s Q2 netSoftBank Vision Fund contributed 393 billion yen (about $3.47 billion) to the Japanese conglomerate’s second-quarter profit.
Oyo’s valuation set to cross $4 billion in new roundOyo is in talks to raise up to $1 bn in a deal that could usher it into India’s crowding Unicorn club.
How SoftBank woos and wins Indian startups with big bucksThis is the first time Ola’s early investors would be selling their shares to other entities and Aggarwal wants to own the highest voting r...
SoftBank leads $90 million funding in OyoMop-Up in 2 tranches after investor exits with 240X gains in less than four years
VentureNursery's demands in way of OYO’s Zo acquisitionVentureNursery’s demand that it be given access to information and the right to exit at a pre-determined valuation has stalled the acquisit...