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WEWORK FUNDING
Jio revs up IPO engine; Accenture shock sinks ITJio Platforms has kicked off its IPO process with the filing of its draft papers with Sebi. This and more in today's ETtech Top 5.- Sunil Singhania-backed Abakkus Small Cap Fund adds 3 new stocks, increases stake in HDFC Bank, SBI and 49 othersSunil Singhania's Abakkus Small Cap Fund added three new stocks in May, including Tanla Platforms and Intellect Design Arena. The fund also...
- SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stageNavneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, ...
- How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...
- SoftBank's OpenAI-related debt in focus as another strong quarter expectedSoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However...
- India flexible workspace market to expand up to 18% on GCC, startup demand: CrisilIndia's flexible workspace sector is poised for significant growth. Capacity is set to rise by 16-18% over the next two fiscal years, reach...
- Crypto investor Katie Haun raises $1 billion for new funds, expands to AI agentsFormer prosecutor Katie Haun has secured $1 billion for new venture funds, focusing on crypto and blockchain companies, with a strategic bl...
- Disciplined investing delivered good results for us: Navneet Munot, HDFC MF CEOHDFC MF’s Navneet Munot tells Sanket Dhanorkar and Kayezad E. Adajania how navigating crises has shaped investing discipline, risk manageme...
- WeWork India raises Rs 500 crore via rights issue, aims to reduce debtWeWork India raised ₹500 crore via a rights issue to repay debt and reduce capital costs, progressing toward a debt-free status. The compan...
- WeWork is in talks to raise hundreds of millions in cashWeWork Inc., the long-struggling workspace rental company, is in talks to raise hundreds of millions in capital to support the business, sa...
- WeWork India reaching out to PE funds to raise $300 millionCerberus, KKR among those tapped for fundraising to expand domestic operations.
- WeWork sells control of China unit, says it got $200 million fundingWeWork shelved its initial public offering in 2019 after investors grew wary of its losses, business model and corporate governance, leadin...
- SoftBank commits $1.1 billion to WeWork amid membership dropWhile WeWork’s second-quarter revenue rose 9% to $882 million from a year earlier, that marked a decline from its $1.1 billion haul in this...
- SoftBank doubles Vision Fund chief, Rajeev Misra's, pay despite record lossThe pay hike for Rajeev Misra comes at a time when the Vision Fund is planning deep cuts in staffing.
- WeWork co-founder Adam Neumann sues SoftBank over failed $3 billion tender offerIn April, SoftBank said it would not press ahead with the tender offer because several pre-conditions had not been met, frustrating WeWork'...
- SoftBank to write down WeWork by $6.6 bln, compounding portfolio miserySoftBank is embroiled in a legal dispute with directors at WeWork after backing out of a $3 billion tender offer agreed when it bailed out ...
- SoftBank forecasts record losses as startup bets backfireSon’s conglomerate has taken one blow after another since the implosion of WeWork’s initial public offering last year and SoftBank’s subseq...
- Companies cautious after WeWork, Uber hiccupsThe survey also revealed that consolidation was on the anvil, with as many as 75% of the respondents saying it would likely start next year...
- WeWork IPO turns contentious at SoftBank’s Vision FundThe WeWork IPO comes at a critical time for SoftBank, which is currently trying to convince investors to bankroll a second $108 billion ite...
- PerkFinance raises seed round of $900,000Others who participated in the round were Krishna Vinjamuri, a former VC with Lightbox and Sherpalo and Karan Virwani, CEO of WeWork India.
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