Tiger Global and SoftBank Cut Investments in India by Over Third in 2022
According to the data from Venture Intelligence, Japanese investment firm SoftBank and US hedge fund Tiger Global have shortened their investments in Indian startups from...
Tag : SoftBank
Bhavish Aggarwal-Led Ola to Invest $500 Million in EV Battery R&D Unit
The ride-hailing company’s electric vehicle arm, Ola Electric, is investing around $500 million to establish its Battery Innovation Centre (BIC) in Bengaluru. Ola, led by...
Zomato Board Approves Acquisition of Blinkit for Rs 4,447 Crore
On June 24, Zomato approved the acquisition of fast commerce firm Blinkit on the food delivery company’s board in an all-stock deal of Rs 4,447...
DAOLens Raises $5 Million Led by Nexus Venture Partners, Better Ventures, iSeed II
Web3 startup DAOLens raised $5 million led by Nexus Venture Partners, Better Ventures and iSeed II. Others include Coinbase‘s Gokul Rajaram, Polygon co-founder Sandeep Nailwal,...
General Atlantic Plans to Invest $2 Bn in India and Southeast Asia
Global private equity company General Atlantic plans to invest $2 billion in India and Southeast Asia over the next two years as falling valuations make...
Softbank-Backed Cars24 Fires 600 Employees in Cost-Cutting Drive
Cars24, a Softbank-backed used car retailer, has laid off more than 600 workers in the past few weeks in a cost-cutting exercise as the company...
ElasticRun Raises $300 Million From SoftBank, Goldman Sachs
ElasticRun has raised $300 million from SoftBank and Goldman Sachs, according to a regulatory filing. ElasticRun was founded by Sandeep Deshmukh, Shitiz Bansal and Saurabh...
SoftBank to Sell 20% of its Stake Worth Rs 1,875 Cr
SoftBank will sell around 20 per cent of its total stake in Policybazaar’s initial public offering, the fintech company said today. The Japanese venture fund...
Unacademy Hires Deepinder Goyal as Board Member
Unacademy has hired existing angel investors and Zomato’s founder, Deepinder Goyal, on its board. Goyal had funded Unacademy in its last round of funding which...
Mindtickle Raises $100 Mn Led by SoftBank
SaaS startup Mindtickle has raised $100 million in funding led by SoftBank, making it the latest member of the unicorn club and founded by Krishna...