Softbank

Fintech regulation must be calibrated

Fintechs have leveraged the gaps in traditional financial institutions and processes to provide increased efficiency and productivity. They have been a vehicle of financial inclusion

Cars24 to Vedantu, start-up lay-offs accelerate on capital crunch worries

Falling valuations, slowing funding rounds add to woes; move aimed at conserving cash and shore up profitability

Unicorns staring at fund woes, drop in valuation amid Covid-19 outbreak

Curbs on investment by Chinese investors a major roadblock

All the world's a stage for unicorns

In 2021, when the buzz is around start-ups going for IPOs and celebration of Indian entrepreneurship, it's also time to acknowledge the role of global players in the journey to stardom

I'm 'personally liable' for $750mn SoftBank loan: Better.com's Vishal Garg

It was Garg and not the company, who took responsibility for compensating the Japanese investment giant SoftBank for any losses, reports TechCrunch

SoftBank CEO pays price for tech bets with $20 billion loss at Vision Fund

The Vision Fund swung to a loss of 2.64 trillion yen ($20.5 billion) for the year ended Mar. 31, compared with a 4.03 trillion yen profit in the previous year

SoftBank logs $13 bn FY net loss, will trim tech investment portfolio

'We have to prepare for the worst; be in defence mode,' says Masayoshi Son, company CEO and founder

Flipkart's social commerce arm Shopsy may hit 100 mn users this year

Social commerce is expected to be about a $70 billion market opportunity in the next few years

Observe.AI raises $125mn in series C funding led by Softbank Vision Fund 2

Existing investors Menlo Ventures, Scale Venture Partners, and Nexus Venture Partners also participate; company's total funding to date is $213 million

SoftBank-backed Meesho lays off 150 employees from grocery vertical

Last week, firm said it was integrating grocery biz within the core app to offer users unified shopping while driving stronger synergies across customer acquisition, technology, product and talent

Glance acquires gaming firm Gambit; forays into NFT-based live gaming

The acquisition of Gambit brings together Glance's scale and lock screen centric innovation with Gambit's expertise and understanding of the gaming ecosystem

SoftBank-backed Oyo to weigh 50% smaller IPO amid market turmoil: Report

Oyo made preliminary filings in September aiming for an IPO in early 2022

SoftBank founder Masayoshi Son loses $25 bn in tech's brutal winter

Masayoshi Son, SoftBank Group Corp.'s billionaire founder, checks the chart. Then again. Another time. And once more for good measure

Softbank representative Munish Varma resigns from Paytm, PB Fintech boards

Softbank Vision Funds India Holdings (Cayman) holds a 17.47 per cent stake in Paytm

SoftBank's Arm to lays off up to 15% staff members as it readies for IPO

The British company will shed 12 per cent to 15 per cent of staff in the UK and the US, Chief Executive Officer Rene Haas said in a memo to staff, according to a person familiar with the matter

Softbank executives to step down from Paytm and Policybazaar boards

This is part of the global strategy of Softbank globally to not be on boards of listed firms

SoftBank execs to quit Paytm, Policybazaar boards as part of global plan

Japanese tech conglomerate expects it would have fewer regulatory issues to tackle with strategy.

SoftBank in talks with Tatas, Mahindra for stake buy in subsidiary: Misra

Japanese investor SoftBank Investment Advisers is in talks with Tatas and Mahindras for a stake buy in one of their subsidiaries, a top official said on Friday.

Our mission is to democratise e-commerce, says Meesho founder & CTO

To understand the tech infrastructure, one also needs to understand the consumer category we are tapping into, says Barnwal

Polygon's $450-mn funding: Is it Flipkart moment for blockchain in India?

The Indian blockchain start-up's massive funding round has many implications for Web3 companies and VCs in the crypto arena