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...
04 Jun, 2026, 07.47 PM IST
Japan’s MUFG readies $250 million India fund as investor mix shifts in startup fundingJapan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies...
02 Jun, 2026, 04.45 PM IST
No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha MajetySwiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as part of a broader push to become a...
28 May, 2026, 10.50 AM IST
Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
28 May, 2026, 07.10 AM IST
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
22 May, 2026, 09.48 PM IST
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
14 May, 2026, 08.49 AM IST
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...
14 May, 2026, 08.07 AM IST
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...
06 May, 2026, 07.37 AM IST
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
23 Apr, 2026, 08.06 PM IST
Swiggy cofounder Nandan Reddy to leave companySwiggy cofounder and head of innovation Nandan Reddy will step down from his role and vacate his board seat. Reddy, who cofounded Swiggy wi...
10 Apr, 2026, 07.47 PM IST
Manoj Kohli joins Adobe International Advisory BoardAdobe has welcomed former SoftBank India head Manoj Kohli to its International Advisory Board. With decades of experience in telecom and te...
30 Mar, 2026, 02.20 PM IST
Swiggy recasts board following IPO; SoftBank, Accel nominees exitSoftBank’s Sumer Juneja and Accel partner Anand Daniel have resigned from the board, according to regulatory filings. SoftBank and Accel ar...
25 Jul, 2025, 09.39 PM IST
Swiggy can give good returns too if it goes public, says SoftBank's SonSoftBank CEO Masayoshi Son said Zomato and Swigyy were the two dominant players in the market with an equal market share.
10 Aug, 2021, 07.41 PM IST
CCI clears SoftBank’s $450-million investment in SwiggyThe funding is an extension of Swiggy’s $800-million round, which saw participation from investors such as Falcon Edge, Amansa Capital, Thi...
13 Jul, 2021, 10.45 AM IST
SoftBank seeks CCI approval to invest in SwiggyThe technology fund of Masayoshi Son-led SoftBank Group Corp. is finalising a $450-million investment into the online food delivery platfor...
08 Jun, 2021, 07.47 PM IST
ETtech Scoop: Swiggy set to raise $450 million from SoftBankThe SoftBank deal is likely to peg Swiggy's valuation at $5 billion—pre-money or pre-investment—and is an extension of the $800 million fun...
16 Apr, 2021, 12.44 PM IST
Investors queue up at Swiggy; SoftBank may put in $200-250 mn, Flipkart & Tencent also in talksChinese Internet giant Tencent, which has backed Flipkart, is likely to co-invest, if the negotiations fructify, sources said.
29 Nov, 2017, 09.12 PM IST