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Meet Masayoshi Son, Ola, Oyo, Lenskart, PayTM investor who once lost 70 billion dollarsWho is Masayoshi Son? In the early 2000, he was the richest man in the world. The Softbank founder, however, lost the coveted tag.DNA - Published | |
First photos: OYO founder Ritesh Agarwal ties knot with Geetansha Sood, pictures go viralRitesh Agarwal marriage: Softbank boss Masayoshi Son also attended the OYO founder's wedding in Delhi.DNA - Published | |
Whatfix Launches Product Analytics, Building on 2022 SuccessWhatfix, the global digital adoption platform (DAP) market leader, today announced its recently launched new product line Product Analytics, which enables organizations to track, visualize, and analyze..NewsVoir - Published | |
SoftBank to sell USD 215 mn worth stake in Paytm as lock-in ends: ReportsnewKerala.com - Published | |
PayTm's parent firm One97 Communication shares tumble by 10% post Softbank announcement -- Details InsideJapan-based Softbank has started the process to sell a 4.5 per cent stake in the company in a block deal.Zee News - Published | |
Paytm plunges 10% as Softbank unit seeks to cut stakeThe lock-up period on $4.3 billion worth of Paytm shares expired on Tuesday, freeing investors to sell shares after they endured a year in which the company shed more than $12 billion of market value.IndiaTimes - Published | |
SoftBank to sell up to $215 million stake in PaytmSoftBank had a 17.5% stake in the digital payments and fintech company, as of September 30. The stock is being sold in a range of 555 rupees to 601.45 rupees per share, the term sheet said.IndiaTimes - Published | |
SoftBank to sell 4.5% Paytm stake worth Rs1,750crJapanese private equity major SoftBank, one of the early backers of payment solutions pioneer Paytm, is selling 2.9 crore (4.5% stake) shares of the company for Rs 555-601 apiece.IndiaTimes - Published | |
SoftBank writes off USD 100 mn investment in bankrupt crypto exchange FTXnewKerala.com - Published | |
Whatfix Named a Leader in Digital Adoption Platforms Report by Top Independent Research FirmWhatfix has been named a Leader in the first ever Forrester New Wave™: Digital Adoption Platforms, Q4 2022. In the Forrester report, Whatfix is positioned with the highest score in the strategy..NewsVoir - Published | |
Softbank-backed health unicorn Cerebral laying off 400 peoplenewKerala.com - Published Also reported by •Zee News | |
Whatfix Strengthens its Focus on APAC Growth with Key Executive HiresWhatfix, the digital adoption platforms (DAP) leader, today announced three strategic hires to drive growth in the APAC region. Raj Sundarason joins as the Leader for Asia Pacific and Japan, Sameer..NewsVoir - Published | |
IPO-bound OYO market valuation falls after big investor Softbank's markdown; Check detailsThe company, which had last year in October filed preliminary papers with Sebi to raise Rs 8,430 crore through an initial share-sale, also posted an "adjusted EBITDA" of Rs 7.27 crore in the quarter..Zee News - Published | SoftBank to trim 30pc of workforce at loss-making Vision Fund: ReportnewKerala.com - Published |
Japanese conglomerate SoftBank to lay off 30% staff globally: ReportThe layoff move comes after SoftBank’s subsidiary the Vision Fund suffered a record $50 billion loss in the six months through June. SoftBank CEO Masayoshi Son’s faced huge losses in some of his..Zee News - Published | Whatfix Recognized in 2022 Gartner Market Guide for Digital Adoption Platforms*Whatfix*, the global leader in the digital adoption platforms (DAP) space, has been recognized in the 2022 Gartner Market Guide for Digital Adoption Platforms 2022^[1]. *Per Gartner*,..NewsVoir - Published |
Major blow for Oyo ahead of IPO, Softbank slashes valuation by over 20%Oyo filed a fresh round of financial documents with India's market regulator as it plans for a stock market debut after cost cuts.DNA - Published | SoftBank cuts valuation of IPO-bound Oyo to $2.7 billionSoftBank Group has slashed the valuation of Oyo Hotels on its books by more than 20% as once high-flying startup prepares for an initial public offering, people familiar with the matter said.IndiaTimes - Published |
Ride-hailing firm Ola to cut 10% engineering jobsOla will cut about 200 engineering jobs to reduce redundancy across its two main businesses of ride-hailing and electric vehicle manufacturing, the SoftBank Group-backed company said on Monday. The..IndiaTimes - Published | Whatfix Named a Category Leader for Third Consecutive Year in Digital Adoption Platform (DAP) PEAK Matrix Assessment 2022 by Everest Group*Whatfix* today announced that it has been named a Leader for the third consecutive year in the Digital Adoption Platform (DAP) PEAK Matrix Assessment 2022 released by Everest Group, a global research..NewsVoir - Published |
SoftBank plans $35 million bet on GoMechanic: ReportInvestment industry executives say SoftBank has started taking a more measured approach to its investments after a global tech routIndiaTimes - Published | SoftBank's Rajeev Misra quits as corporate officerIndiaTimes - Published |
SoftBank CEO loses $4 billion in side dealsIndiaTimes - Published | Battered SoftBank selling Alibaba shares to pocket USD 34 bnnewKerala.com - Published |
Long, harsh funding winter ahead for unicorns: SoftBank's Masayoshi SonnewKerala.com - Published | SoftBank posts massive USD 23.4 bn net loss, 2nd straight quarter in rednewKerala.com - Published |
SoftBank plans Vision Fund job cuts after record net lossSoftBank Group Corp is planning to cut headcount at its flagship Vision Fund investing arm, CEO Masayoshi Son said on Monday, after a crash in the value of its portfolio pushed his conglomerate to a..IndiaTimes - Published | Ola to merge with Uber? Founder Bhavish Aggarwal says 'Absolute Rubbish'Ola and Uber held talks four years ago when Masayoshi Son's Softbank, a common investor in both companies, pushed for a merger, but the deal fell through at the time.Zee News - Published |
Ola and Uber in merger talksOla and Uber are in talks for a possible merger, according to two sources in the know, who revealed that Ola’s co-founder and CEO Bhavish Aggarwal met top Uber executives in San Francisco, US..IndiaTimes - Published | Reliance, Ola Electric, Rajesh Exports agree to build batteries in IndiaReliance Industries, Softbank Group-backed Ola Electric and Indian jewellery maker Rajesh Exports on Friday signed final agreements to build battery cells under a $2.3 billion government incentive..IndiaTimes - Published |
Ola cuts 500 jobs, freezes appraisal as funding trouble worsensRide-hailing platform Ola has started laying off employees, as many as 500 from its nearly 1,100-strong workforce, across verticals as it aims to cut costs amid a challenging funding environment. The..BGR India - Published | SoftBank's Rajeev Misra leaving group to start his own venturenewKerala.com - Published |
Masa, Rajeev Misra to split CEO roles at SoftbankRajeev Misra, CEO at Softbank Investment Advisers, a wholly owned subsidiary of Japan’s Softbank Group which manages the conglomerate’s twin Vision Funds, is stepping back from the executive..IndiaTimes - Published | Ola is reportedly planning to lay off up to 500 employees in cost-cutting exerciseAs Bhavish Aggarwal focuses his energies towards Ola Electric, the ride-hailing platform Ola is planning to lay off up to 500 employees across departments as it aims to cut costs and streamline..BGR India - Published |
Ola Cabs planning to lay off employees? SoftBank-backed company reportedly wants leaner teamsOla Cabs layoff:The SoftBank-backed company has asked senior executives to furnish lists of employees in their respective teams who can be laid off.DNA - Published | Uber planned to exit Indian market? Ride-hailing firm comes up with clarificationUber competes with SoftBank-backed Ola in India.Zee News - Published |
Softbank Vision Fund-2 backed Kigen appoints COO and bolsters India leadership to build on 4x revenue growthnewKerala.com - Published | PM Modi, Softbank's Masayoshi Son discuss more investmentsPrime Minister Narendra Modi and SoftBank Group founder Masayoshi Son met on Monday to discuss more investments by the country's biggest tech backer, as a startup boom appears to cool in India amid..IndiaTimes - Published |
Whatfix Acquires Leap.is to Expand Mobile CapabilitiesWhatfix, the global leader in the digital adoption platforms (DAP) space, today announced the acquisition of Leap.is (previously Jiny.io), a mobile-first onboarding and assistance platform that brings..NewsVoir - Published | Academic Research Scholar Dr. Kannan Vishwanatth was Conferred Honorary Professorship at University of California, Berkeley *(Prof) Dr. Kannan Vishwanatth*, noted academic researcher & Founder & Managing Director of Hong Kong based Rupus Global Limited, a globally acclaimed research-focused vertically integrated..NewsVoir - Published |
CommerceIQ raises $115mn, is now a unicornCommerceIQ, the retail online commerce management platform, has raised $115 million led by SoftBank Vision Fund 2 that values the firm at over $1 billion — making it the 12th Indian startup to join..IndiaTimes - Published | Reliance, Ola Electric, others to get incentives under battery schemeReliance Industries and Softbank Group-backed Ola Electric have won bids to receive incentives under India's $2.4 billion battery programme, four sources told Reuters.IndiaTimes - Published |
Whatfix is Now Great Place to Work-Certified for March 2022 to March 2023Whatfix, the global leader in the digital adoption platforms (DAP) space is now Great Place to Work-Certified™ in its first-ever participation in the survey. More than 87 percent of employees believe..NewsVoir - Published | Softbank representative Munish Varma resigns from PaytmSoftbank managing partner Munish Ravinder Varma has resigned from the board of the digital financial services company One97 Communications, which operates under the Paytm brand, and PB Fintech,..IndiaTimes - Published |
Paytm shares tumble over 20% in two days amid RBI ban, data leak with Chines firms: All you should knowThe scrip of the Digital payments company tumbled 12.2%, extending its slump amid mounting regulatory woes and a decision by investor SoftBank`s representatives to leave the company`s board.Zee News - Published | SoftBank execs to leave boards of Paytm, Policybazaar: ReportRepresentatives of SoftBank Group Corp will step down from the boards of digital payments firm Paytm and the parent of online insurance aggregator Policybazaar, a person with direct knowledge of the..IndiaTimes - Published |
Swiggy eyes $800 million IPO early next year: ReportFood delivery company Swiggy, which is backed by SoftBank Group, has started preparations to raise at least $800 million in an IPO early next year, the Nikkei reported on Tuesday, citing people..IndiaTimes - Published | SoftBank leads $330 million funding round in ElasticRunB2B rural e-commerce platform ElasticRun has raised $330 million in a funding round led by SoftBank and Goldman Sachs Asset Management. The round also saw participation from Chimera and Innoven, along..IndiaTimes - Published |
No, Nvidia is not acquiring ARM nowUS-based graphics giant will no longer be spending $40 billion in acquiring UK-based ARM from SoftBank amid rising scrutiny from the regulators. The news was first reported by Financial Times and then..BGR India - Published | |
