Page 3 - Softbank

Ola rolls out test rides for its electric scooters across India

Test rides to be available across 1,000+ cities and towns acros India

SoftBank can invest $5 bn-$10 bn in Indian startups in 2022: Rajeev Misra

"If we find the right companies, we could invest $5 billion to $10 billion in 2022," Misra said on Thursday at the Bloomberg India Economic Forum

SoftBank Group shares jump 10% on $9 billion buyback announcement

The buyback is SoftBank's second largest after a record 2.5 trillion yen buyback launched during the depths of the COVID-19 pandemic last year

Paytm can grow its value going forward, says Softbank's Masayoshi Son

While Paytm is seeking a valuation of around $20 bn, it is much lower than the rumoured expectation of $25-30 bn

CEO Masayoshi Son personally lost $1.3 billion on SoftBank stock trading

The 150 billion yen loss for the founder of SoftBank Group came from his one-third stake in SB Northstar

SoftBank dragged into red in Q2 by falling Vision Fund valuations

"The strategy of let's create the perception of enhanced value by taking things public hasn't really worked this year," Redex Research analyst Kirk Boodry said

Softbank-backed Ola unveils first operating profit ahead of potential IPO

Ola, which has a majority share of India's ride-hailing market, where it competes with Uber Technologies, has a growing presence in several global markets such as Australia and Britain

SoftBank leads $93 million investment in NFT gaming firm the Sandbox

The latest fund raising came a little over a year after its last round, as the company saw fast growth in monthly active users and crossed $144 million in transaction volume on the platform.

Snapdeal appoints Ullas Kamath, Anisha Motwani as directors on board

According to sources, Snapdeal hopes to gain from the new board members' experience in serving the value-conscious consumer in 'Bharat' or tier-2,3,4 markets ahead of its proposed IPO.

Policybazaar IPO: SoftBank to sell 20% of its stake worth Rs 1,875 crore

The Japanese venture fund currently has a 13 per cent stake in the IPO-bound company

SoftBank-backed Ola's COO and CFO to exit firm amid its plans to go public

Source says departures driven by loads of pressure from the top, pandemic impact on ride-hailing business and plenty of resources going to Ola Electric

Ahead of IPO, Ola's COO and CFO to exit the company

Swayam Saurabh and Gaurav Porwal are leaving the company, according to an internal memo seen by Reuters

OYO names silver-medallist Paralympian Deepa Malik as independent director

Joins three other independent directors and one nominee director, besides Ritesh Agarwal who is the chairman

InMobi to acquire London-based app ads performance tracker Appsumer

Appsumer has been the intelligence platform of choice for consumer brands such as Miniclip, Picsart and Viber. It was funded by Galvanise Capital and named a Top-100 UK startup

Oyo files to raise $1.1 bn in IPO after refashioning business model

The filing of the draft red herring prospectus of Oyo, which is officially known as Oravel Stays, marks a dramatic recovery after the pandemic buffeted the travel and hospitality industry

Softbank-backed Oyo in legal spat with rival Zostel ahead of $1.2-bn IPO

Zostel filed a petition in August with the Delhi High Court to stop Oyo from changing its shareholder structure, including through an IPO

SoftBank leads $680 million funding round in NFT fantasy soccer game Sorare

LONDON (Reuters) - Blockchain-based fantasy soccer game Sorare has raised $680 million in a funding round led by SoftBank, with players including ex-England international Rio Ferdinand and Spain's Gerard Pique also investing, the company said on Tuesday.

Ola GMV has crossed pre-pandemic levels, says CEO Bhavish Aggarwal

'Recovery from the second wave is 3 times faster. Clearly, India is up and about,' tweeted Aggarwal

SoftBank soars 10% after stock swap deal with Deutsche Telekom

The Japanese investment giant announced a complicated deal under which it will swap T-Mobile shares for an initial 225 million shares of Deutsche Telekom

Used vehicle startup Cars24 to raise $350 mn from SoftBank, others: Report

The fundraising would also include Falcon Edge Capital and value the startup at close to $2 billion, said the person, asking not to be named because the details aren't public