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SOFTBANK INDIA
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...- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Elara Capital India appoints Manoj Kohli as non-executive chairman of board“Elara Capital will extensively benefit from Manoj’s extensive business and leadership skills to help strengthen our business focus. His gu...
- SoftBank’s India portfolio value rises 9% to $14 billionSoftBank swung into profits for the first time in five quarters with a net profit of over $6 billion for the three months ended December, a...
- Unicommerce adds former SoftBank India head Manoj Kohli, others to boardThe Snapdeal-owned company, which is targeting an initial public offering (IPO) next year, has also appointed Kunal Bahl and Rohit Bansal a...
- SoftBank India operating partner Vikas Agnihotri leaves fundPrior to his SoftBank stint, he was an interim head for Google in India in 2020. His official designation there was managing director, sale...
- Aditya Puri joins Deloitte as senior advisor“Mr Puri is a visionary leader and an asset to the business world,” said Romal Shetty, CEO, Deloitte South Asia. Commenting on his role, Pu...
- Indian startup valuations must reflect present cost of capital: SoftBank’s Sumer JunejaIndian startups will need to understand their true value and revise their valuations in line with their counterparts in markets such as the...
- 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...
- SoftBank's Munish Varma steps down from Paytm, Policybazaar boardsPaytm informed the BSE on Tuesday evening that Varma had resigned from the board along with his alternate director Vikas Agnihotri. Policyb...
- Amazon-Future deal suspended; huge fines proposed for violating data lawAmazon’s 2019 investment in a Future Group company stands suspended after India’s competition regulator said on Friday that the ecommerce g...
- SoftBank says India digital demand strong, will keep investingThe Japanese firm that has so far invested a reported $14 billion in India expects the digital market to keep booming on strong retail dema...
- SoftBank’s Son bets big on India; Curefit raises $145 millionSon’s remark signals the Japanese conglomerate’s commitment to funding Indian companies in the future.
- 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...
- 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.
- Government keen on allowing pension, insurance funds into startupsThe Department for Promotion of Industry and Internal Trade (DPIIT) is in talks with the Employees' Provident Fund Organisation (EPFO) and ...
- Startups may soon get to list directly overseas: FinMinSeveral startups are planning to opt for an overseas direct listing. The plan is to raise capital of four to five billion dollars from mark...
- Softbank India appoints Manoj Kohli as country headThe move comes after a nearly five-year stint as the chairman of the Japanese telecom and investment giant’s renewable energy business SB E...
- Softbank's Masayoshi Son wishes to gift a million electric cars to Ola cabbiesIndia investment likely to cross pledged $10 billion, says SoftBank chief Masayoshi Son.
- Softbank India entrusts executive search mandate to Hunt PartnersHunt Partners announced on Monday that it has received a formal mandate for senior executive talent search from Softbank India.
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