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Paytm raises $1 billion from Softbank, Ant and other investors
Updated : 2 years, 8 months ago IST
New Delhi, [India], Nov 25 (ANI): One97 Communications Ltd, the parent of digital payments company Paytm, said on Monday it has raised the latest equity fundraise from a group of investors including existing shareholders like Ant Financial, Softbank Vision Fund and new investors including fu
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Ritesh Agarwal to invest $700 million in Oyo's new $1.5 billion financing
Updated : 2 years, 10 months ago IST
Gurugram (Haryana) [India], Oct 7 (ANI): Oyo Hotels and Homes, India's largest budget lodging startup which is backed by Japanese conglomerate SoftBank Group Corp, said on Monday it plans to raise about 1.5 billion dollars (about Rs 11,666 crore) as part of a new financing round as the start
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OYO announces partnership with Biz2Credit to provide small business financ
Updated : 2 years, 10 months ago IST
New Delhi [India] Oct 03 (ANI/BusinessWire India): OYO, the world's third-largest and fastest-growing chain of hotels, homes, and spaces, has partnered with Biz2Credit, a leading online financing resource for small businesses, to provide working capital and commercial real estate loans to ex
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Japanese carriers suspend preorders for Huawei's latest phone
Updated : 3 years, 2 months ago IST
Tokyo [Japan], May 22 (ANI): As the trade dispute between USA and China continues, Chinese telecom giant Huawei's latest smartphone model has taken a hit in Japan, with major carriers suspending its preorders.
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Paytm Mall targets USD 10 Bn annual gross sales by March 2019
Updated : 3 years, 11 months ago IST
New Delhi [India], Aug 17 (ANI): Paytm Mall, owned by Paytm E-commerce Pvt Ltd., has ramped-up its efforts to expand their business with a three-fold rise in the annual gross sales, with a target to achieve USD 10 billion mark by March 2019.
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PolicyBazaar raises more than USD 200 mn in new investment round led by So
Updated : 4 years, 1 month ago IST
New Delhi [India], June 25 (ANI-NewsVoir): ETechAces Marketing & Consulting Pvt. Ltd. ("ETechAces") which owns India's leading insurtech brand, PolicyBazaar.com ("PolicyBazaar") and India's leading lending marketplace, PaisaBazaar.com ("PaisaBazaar"), today announced it has signed for an ove
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T-Mobile, Sprint ink $26 Billion Deal, agree to merge
Updated : 4 years, 3 months ago IST
Washington DC [United States], Apr 30 (ANI): US wireless carriers T-Mobile US Inc. and Sprint Corp. have finally inked about a $26 billion deal after years of negotiations punctuated by two breakups.
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Grofers raises Rs.400 Cr from Japan's SoftBank Group, others
Updated : 4 years, 4 months ago IST
New Delhi [India], Mar. 16 (ANI): In a move to fuel its growth in the e-grocery segment in India, Grofers, a low price online supermarket raised Rs.400 crore in a fresh funding round led by Japanese conglomerate SoftBank Group, Tiger Global and Apoletto Asia, thus bringing its total fund rai
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SoftBank in expansionist mode, but foreign talent under pressure
Updated : 4 years, 8 months ago IST
New Delhi [India], Dec.4 (ANI): Japan's Softbank Group Corporation is in expansionist mode with regard to India, investing in companies such as Ola, Flipkart, Paytm and Oyo Rooms. In the last few months, its investments in the global e-commerce market have been successful in keeping Amazon.c
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SoftBank confirms Benchmark and Menlo looking to sell Uber shares
Updated : 4 years, 8 months ago IST
New York [USA], Nov 29 (ANI): SoftBank Group-led team of investors has confirmed that they have found likely sellers for the tender offer for app-based cab aggregator, Uber's shares.
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Sequoia Capital looks to increase stake in Uber alongside SoftBank
Updated : 4 years, 8 months ago IST
New York [USA], Nov 29 (ANI): Venture capital firm Sequoia Capital is looking to increase its stake in app-based cab aggregator Uber by aiming to buy shares from employees and other shareholders when the tender offer launches, likely on Wednesday.
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Softbank offer values Uber at 30% discount
Updated : 4 years, 8 months ago IST
New York [USA], Nov 28 (ANI): A SoftBank Group-led team of investors has made an offer to buy app-based cab aggregator Uber's shares in a tender offer that would value the company at about a 30 per cent discount to its last private valuation of nearly USD 70 billion.
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