Articles about SoftBank Group
16 Aug 2017
Uber's $12bn investor deal hinges on Benchmark/Kalanick lawsuit
The troubled ride-hailing company Uber is reportedly looking to raise $12bn-worth funds from four investors, Japan's SoftBank Group, China's Didi Chuxing, and American equity firms Dragoneer Investment Group and General Atlantic.
11 Aug 2017
Indian-origin entrepreneur raises $1.1bn by SoftBank
A US-based biotech company founded by an Indian-origin entrepreneur has raised $1.1bn from SoftBank and other investors- one of the largest fundings in the life science sector.
10 Aug 2017
SoftBank buys stake in Flipkart, becomes its largest shareholder
Flipkart just announced that it has received a mix of primary and secondary capital from the SoftBank Vision Fund.
02 Aug 2017
Paytm plans messaging service, WhatsApp's honeymoon goes sour from here
Things are going to get really interesting, as according to reports, Paytm is planning to bring its own messaging service to counter WhatsApp by the end of this month.
01 Aug 2017
Snapdeal 2.0, the story of not giving in to pressure
Snapdeal is ready to bend but it's not ready to snap. There will be no sale.
31 Jul 2017
Snapdeal calls off merger talks with Flipkart
Six months after intense negotiations, Snapdeal has called-off talks with Flipkart regarding a potential merger.
27 Jul 2017
Axis Bank acquires FreeCharge for Rs. 385crore in cash deal
Axis Bank reported that they have acquired FreeCharge, owned by ecommerce platform Snapdeal, for Rs. 385 crore in an all-cash deal.
26 Jul 2017
Report: Snapdeal board accepts $900-950 million revised offer from Flipkart
After months of suspense and speculations, the future of Snapdeal has finally been decided. According to Reuters, the Snapdeal board has accepted the revised offer of $900-950 million by Flipkart.
25 Jul 2017
Microsoft mulls on investing $100 million in Ola's parent firm
According to reports, Microsoft is now mulling on investing $50-100 million (Rs. 320-640 crore) to acquire a minority stake in ANI Technologies Pvt. Ltd, which runs Ola, the home-grown ride hailing platform.
18 Jul 2017
Flipkart makes offer of $850 million for Snapdeal, plot thickens!
Post rejection of its earlier bid of $500-600 million, Flipkart has now made its second bid for e-commerce firm Snapdeal at $850-900 million, according to reports.
14 Jul 2017
Nikesh Arora aims for Uber's CEO post, claim sources
If reports are to be believed then former Google and SoftBank executive Nikesh Arora is eyeing the post of Uber's CEO, which was vacated by Travis Kalanick.
13 Jul 2017
Paytm buys majority stake in Insider.in for Rs. 35 crore
Vijay Shekhar Sharma-led Paytm has now acquired a majority stake in Insider.in for a little over Rs. 35 crore.
11 Jul 2017
Flipkart may see the return of Bansals at the helm
Rumors are afloat that with the proposed deal with SoftBank Group Corp, Flipkart will see the return of Sachin and Binny Bansal, co-founders of the company, to their former glory.
07 Jul 2017
Amazon ups Indian investment, Flipkart is bidding its time
Amazon CEO Jeff Bezos, making good on his promise, has now allotted Rs. 341 crore for Amazon Wholesale India i.e. the wholesale B2B arm of its Indian operations and Rs. 1,680 crore to its Indian online wing.
05 Jul 2017
Snapdeal says no to Flipkart's offer, haggles over valuation
Indian television serials are infamous for stretching out episodes. However, they'll still come second to the drama that is being played out at Snapdeal.
03 Jul 2017
Former Housing CEO Rahul Yadav joins Anuj Puri's ANAROCK
Former Housing CEO Rahul Yadav is now the Chief Product and Technology Officer at ANAROCK Property Consultants, the new venture of real estate industry stalwart Anuj Puri.
24 Jun 2017
InMobi looking for a CTO as Saxena plans to move
InMobi announced that it was looking for a new chief technology officer as incumbent Mohit Saxena is set to move to the US for personal reasons.
23 Jun 2017
Snapdeal-Flipkart merger comes to a halt as Azim Premji objects
According to reports, Snapdeal's merger with rival Flipkart has hit one more roadblock, which can potentially drive down the embattled firm's agreed upon valuation of $1 billion for the sale, if not jeopardize the deal completely.
21 Jun 2017
Uber founder Travis Kalanick resigns as CEO
Uber CEO Travis Kalanick has resigned following months of scandals involving the company. He had earlier taken a leave of absence after his mother's death.
20 Jun 2017
Housing.com founders cry foul play on new owner's actions
If someone ever had to tell the story of hubris in Indian start-up space, he would talk about Housing.com.
14 Jun 2017
Amazon eyes BigBasket to tap into India's online grocery space
Amazon is currently exploring the possibility of buying online grocery site BigBasket in order to solidify its stance in India.
07 Jun 2017
Paytm founder Vijay Shekhar's new Lutyens' zone acquisition
Paytm founder Vijay Shekhar Sharma has a new property: 6,000-sq-ft residential premises worth Rs. 82cr at New Delhi's coveted Lutyens' zone, one of India's most expensive locations.
06 Jun 2017
SoftBank's $100b fund is seeking investors for the remaining $7b
According to reports, Masayoshi Son-led SoftBank Group Corp is now in talks with the Canadian and Middle Eastern investors to raise the $7 billion, which is needed to complete the $100 billion SoftBank Vision Fund.
30 May 2017
Snapdeal's future gets messier with unexpected funding, issuance of shares
Just when you thought the Snapdeal saga was at its very end, there is a new twist in the tale.
18 May 2017
Paytm raises $1.4 billion from SoftBank
Paytm is said to have raised over $1.4 billion from Japanese investor SoftBank, in one of its largest funding rounds from a single investor.
11 May 2017
Snapdeal founders and Nexus agree, Flipkart to buy Snapdeal
According to ET Now, Nexus and the founders of Indian online marketplace Snapdeal have reached an agreement with SoftBank Group over the much anticipated sale of Snapdeal to its larger Indian rival Flipkart.
10 May 2017
SoftBank writes down investments in Ola, Snapdeal by $1.41 billion
Japanese investor SoftBank said it wrote down its investment valuation in Snapdeal and Ola by $1.41 billion. It has written down investments in Snapdeal by $1.01 billion and $400 million in Ola.
09 May 2017
MobiKwik may get $100 million funding from BlackRock and others
MobiKwik, which competes with firms such as Paytm and FreeCharge in digital payments space, is now going to get a big boost in its endeavors.
03 May 2017
Snapdeal initiates payments of laid-off employees
Two months after layoffs at Snapdeal, the company has begun initiating due payments of the 1,000-1,500 affected employees; severance packages reportedly range between 2-4 months of salaries.
29 Apr 2017
Amazon will not slow its investment pace in India
A $481m loss might deter others, but to Amazon CEO Jeff Bezos it is just another hurdle Amazon has to overcome in order to finally triumph.
27 Apr 2017
OYO Rooms acquires $250 million from SoftBank, others
According to a media report, OYO Rooms, a budget hotels marketplace operated by Oravel Stays Pvt. Ltd closed a $250 million fundraising round led by existing investor SoftBank Group.
25 Apr 2017
Cash-strapped Snapdeal vacates 60% of Gurgaon office space
In yet another sign of a severe cash-crunch, Snapdeal is vacating 60% of its Gurgaon office-space after mass layoffs in February.
20 Apr 2017
SoftBank's tryst with India's start-up scenario
SoftBank may have tasted failure with Snapdeal but it still believes in making a profit with its Indian investments.
19 Apr 2017
BigBasket engages Grofers in merger talks eyeing SoftBank funding
According to sources, BigBasket has opened up a dialogue with its comparatively smaller rival Grofers for a possible merger.
19 Apr 2017
SoftBank considering $1.5bn investment in Paytm?
Paytm is reportedly in talks with Japan's SoftBank for a deal that could bring in $1.2-1.5bn capital; it could take its valuation to $7-9bn from $6bn in March.
19 Apr 2017
Electric Vehicles: Nissan Leaf trial runs to commence this year
Nissan Motor Co. is exploring the opportunities of electric-vehicles in India, as Nissan India Operations head, Guillaume Sicard noted, "We will start a pilot project involving the Nissan Leaf this year, which will help us in assessing the viability of electric vehicles (EV)."
17 Apr 2017
Hike to add payments mechanism with UPI integration
Sources confirmed that Hike Messenger is all set to roll out a payment mechanism on the app which will be the first in India to be integrated with the government's UPI interface.
06 Apr 2017
Flipkart's mergers if okayed, starts the proper e-commerce war
The market is currently ripe with rumours regarding two major Flipkart mergers - one with eBay and another with Snapdeal.
05 Apr 2017
InMobi, India's 1st unicorn manages to show steady profit
India's first unicorn InMobi has managed to remain profitable throughout 2016.
28 Mar 2017
Ola cabs to introduce fully electric taxis
ANI Technologies Pvt. Ltd., Ola Cabs' parent company, is set to introduce fully electric cars as Ola cabs on a pilot basis across major Indian cities within three months.