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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...- 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...
- Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
- Alphabet considers first yen bond sale to fund AI goalsThe person was not authorized to speak on the matter and declined to be identified. Alphabet did not immediately respond to a Reuters reque...
- Alphabet considers first yen bond sale to fund AI goalsAlphabet is making headlines with its first-ever issuance of yen bonds, aimed at fueling its rapidly developing artificial intelligence eco...
- Bridgestone looks to sustain growth momentum in India: MDBridgestone India aims for a 6-7% CAGR in gross sales over the next five years, driven by strong growth in the domestic aftermarket, partic...
- Alta Capital-backed Ecobox acquires 38.5-acre in Bhiwandi, plans 1.3 million sq ft logistics parkLogicap Advisors is developing a large industrial and logistics park in Bhiwandi. This project will expand their portfolio significantly. T...
- Japanese ecommerce major Rakuten issues $1.8 billion of dollar-denominated 3-year senior notesThe fundraising will allow Rakuten to fully buy back its 10.25% senior notes and 3.546% senior notes due in 2024, which have a combined pri...
- Japanese ecommerce firm Rakuten set to raise $2.18 billion through share issueJapanese e-commerce and fintech conglomerate Rakuten Group Inc will raise up to 294.2 billion yen ($2.18 billion) by issuing new shares, it...
- ASICS to add 18 stores in India during 2022, eyes 25 pc business growthAs per its strategy, it would intensify its presence on e-commerce platforms while expanding its business through its network of retail sto...
- 'Oops': Walmart's biggest deal ever, announced by SoftBank's CEOHours before Walmart Inc. was scheduled to unveil the largest acquisition in its history, Masayoshi Son, chief executive officer of SoftBan...
- Paytm Mall raises Rs 3,000 crore from SoftBank, AlibabaWhen contacted, Paytm Mall COO Amit Sinha said the latest investment led by Softbank and Alibaba reaffirms the strength of the company's bu...
- Japanese internet firm Rakuten to double its tech headcount in IndiaThe India arm serves as a research and development centre for the Japanese company and is crucial to several of its strategic initiatives.
- Voonik raises $20 million in fresh capital from existing and new investorsThe latest round follows the $5 million raised by the three year-old company in June last year from Sequoia and Seedfund and comes less tha...
- Infibeam's Sachin Dalal to head Rakuten in IndiaSachin Dalal, cofounder of BSE-listed ecommerce firm Infibeam, will spearhead Japanese ecommerce giant Rakuten’s thrust into Indian shores.
- Vasundhara Raje hardsells Rajasthan to Soft Bank chief Masayoshi SonVasundhara Raje today held a meeting with Masayoshi Son, Chairman & CEO of Soft Bank, discussing possible partnerships in emerging technolo...
- Government to call stakeholder meeting on e-commerce FDI policy tomorrowAt present, 100 per cent foreign direct investment (FDI) is allowed only in business-to-business (B2B) e-commerce and not in retail segment.
- Mobile app for Doctors raises Rs 3 Cr from Japanese ecommerce firmThe app, available on the Android platform, is currently being used by over 45,000 doctors.
- Japan eyes India's e-commerce boom, to take up FDI demand at RCEP meet in ThailandJapan wants India to open the e-commerce sector to foreign investment, seeking space for the likes of e-tailers like Rakuten and Uniqlo.
- Japan's Netprice looks to fund more Indian startups; zeroes in on web and mobile spaceAverage investment ticket sizes will range between $500,000 (Rs 3.1 crore) and $4 million (Rs 24.9 crore) per transaction for Netprice.
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