SoftBank Vision Fund: News
SoftBank reports $2.4B loss in Q3 amid huge AI investments
SoftBank Group has reported a massive third-quarter loss of ¥369.165 billion (nearly $2.4 billion) for the fiscal year 2024.
SoftBank plans $500 million investment in ChatGPT creator OpenAI
SoftBank's Vision Fund is planning to drop a hefty $500 million into OpenAI, as per a report by The Information.
OYO raises around ₹1,460 crore in Series G funding round
OYO's parent company, Oravel Stays Ltd, has raised ₹1,457 crore in its latest funding round. This marks the conclusion of the Series G funding round for it.
SoftBank forges strategic alliance with AI search engine Perplexity
SoftBank, the multinational conglomerate, has announced a strategic alliance with Perplexity, an AI search engine aiming to compete with Google.
Meesho's $500M funding round attracts several VC firms
Indian e-commerce platform, Meesho, is reportedly drawing attention from several venture capital firms for its ongoing funding round.
SoftBank trims stake in IPO-bound FirstCry
SoftBank Vision Fund, a major shareholder in omnichannel retailer FirstCry, has sold more of its shares in the Pune-headquartered company.
SoftBank reports $5.2bn loss in Q3, 4th straight red quarter
SoftBank Group has posted a $5.2 billion net loss for the quarter ending September, marking its fourth straight quarter in the red.
SoftBank posts unexpected $3.3bn loss; Vision Fund unit records profit
SoftBank's Vision Fund investment arm reported a gain of just over $1 billion in the June quarter, marking a return to profitability after five quarters.
SoftBank's investment in India falls 84% to $500mn in 2022
SoftBank Group has been a major contributor to the growth of India's tech start-up scene. The company has, however, cut its investments in the country by a whopping 84% year-over-year in 2022.
#FundingAlert: Unacademy raises $440 million, now valued at $3.4 billion
The ed-tech industry in India continues to boom amid the raging pandemic. And, now ed-tech start-up Unacademy has successfully raised $440 million in a new funding round led by Singapore's state-run Temasek Holdings.
Paytm raises another $669.5 million from existing investors
Just a couple of weeks after raising a whopping $1 billion, One97 Communications, the parent of digital payments giant Paytm, has raised $669.5 million (roughly Rs. 4,724 crore) in another round of funding.
Paytm raises $1 billion, becomes most valued Indian start-up
One97 Communications, a Noida-based company that owns digital payments platform Paytm, has raised around $1 billion in a recent funding round.
OYO raising $1.5 billion from founder Ritesh Agarwal, SoftBank, others
In a major development, India's second most valuable start-up, OYO Hotels & Homes, has confirmed its plan to raise $1.5 billion in fresh funding.
OYO Rooms raises $1bn, enters unicorn club
Budget hotel chain OYO Rooms has entered India's unicorn club, having raised a whopping $800mn in a round led by Japan's Softbank Vision Fund.
OYO looking to raise $1bn, valuation might cross $4bn
It seems that budget hotel network OYO Rooms is getting ready for yet another round of funding, and is reportedly looking to raise an amount between $500mn to $1bn.
Paytm Mall raises Rs. 3,000 crore from SoftBank, Alibaba
According to documents filed with the Ministry of Corporate Affairs, online retail firm Paytm Mall has raised nearly Rs 3,000 crore from Japan's SoftBank and its existing investor Alibaba in new round of funding.
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.
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.
SoftBank putting together a mammoth tech investment fund
Japan's SoftBank Group announced setting-up of a fund to invest as much as $100 billion in technology focused ventures, over the next five years.