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SOFTBANK BACKED UNICORN
Sunil Bharti Mittal announces succession plan: Meet the GenNextAirtel founder Sunil Bharti Mittal is preparing for a leadership change over the next ten years. His three children, Kavin, Shravin, and Ei...
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...
SoftBank India head Sumer Juneja gets larger role, to also oversee Europe, Middle EastSoftBank Vision Fund’s managing partner Sumer Juneja and India head has been given the additional responsibility of overseeing Europe, the ...
Unicorns unwilling to take valuation cut face longer winter: SoftBank’s Masayoshi SonSoftBank saw a record loss of $17 billion in its Vision Fund during the June quarter. Son said it must cut internal operational costs and b...
PM Narendra Modi recognises SoftBank’s role in India’s startup ecosystemPM Narendra Modi recognised SoftBank’s role in India’s startup ecosystem. They discussed various reforms being undertaken to enable ease of...
Firstcry records Rs 216 crore profit for FY21According to a senior company official, it is likely to double its profit for FY 22, which will be reflected in the draft red herring prosp...
SoftBank biggest foreign investor in India, funding 10% of all unicorns: Masayoshi SonSoftBank is amongst the most bullish investors in Indian startups having backed large ventures including Paytm and Policybazaar, both of wh...
ETtech Deals Digest: The unicorn stampedeIndia minted another unicorn this week with edtech platform Vedantu becoming the 28th startup in 2021 to enter the coveted club of companie...
MindTickle to turn unicorn with $100 million funding from SoftBankAfter social commerce startup Meesho and banking technology platform Zeta, SoftBank is set to put another $100 million in SaaS startup Mind...
OfBusiness in talks with SoftBank to raise funds at $1.2 billion valuationSoftBank is likely to invest anywhere between $100 million and $150 million in OfBusiness in an all-primary funding round, making the B2B e...
SoftBank lines up over $1 billion in Q1 to fuel startup boomThis is in line with SoftBank’s global approach where it made several big-ticket investments in tech startups last week.
View: Can Masa Son outshine SPAC superstar Chamath Palihapitiya?SoftBank managed to raise only $600 million last year in the US SPAC boom. Chamath Palihapitiya, a venture capitalist and social influencer...
SoftBank reaches deal with WeWork co-founder Adam NeumannSoftBank Group did not release details of the agreement that puts to rest a bitter dispute emerging from the Japan-based firm's 2019 decisi...
Sequoia top backer of Indian unicorns with eight bets, China's Tencent 11th with 3 investments: ReportFantasy gaming company Dream11 - which recently won the title sponsor rights for the IPL cricket league after a Chinese handset maker had t...
21 Indian startups are 'unicorns' valued over $1 bn, just a tenth of China's: StudyWith the 21 unicorns collectively valued at $73.2 billion, India is the fourth biggest in terms of unicorns, behind the US, China and the U...
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...
Masayoshi Son, tech visionary or robber baron?Investors are starting to get the feeling that whatever Son brings to public is troubled.
Why 2018 was the best year to spot a unicornAfter a tough period in the 18 months preceding 2018, investors returned with more capital for Indian startups.
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...
#StartUpIndia: When CEOs sneaked in a selfie with PM Modi!Start-up unicorns, global leaders & Silicon Valley top heads came together for the government backed ‘Startup India Standup India’ summit.