Softbank

Ola Cabs to file IPO papers with SEBI within three months: Report

Indian cab service provider Ola Cabs is said to launch its Initial Public Offering (IPO) as soon as June-July, news agency Reuters reported today, quoting sources.

SoftBank Vision Fund 2 to divest 1.1% stake in Zomato for ₹1,023.6 crore

The deal is valued at approximately ₹1,023.6 crore, marking a notable shift in the fund’s investment strategy.

Softbank to sell 1.17% stake in Zomato through Rs. 940 crore Block Deal

SoftBank Vision Fund (SVF Global) is in the process of selling a 1.17 percent stake which it holds in food delivery giant Zomato for Rs 940 crore through a block deal.

OYO considering for 50% smaller IPO: Report

Oyo filed preliminary documents in September, with the goal of going public in early 2022.

SoftBank’s Munish Varma resigns from Paytm & Policybazaar boards

Reports suggest that this was in line with SoftBank's policy of stepping down from the boards of portfolio companies once they go public

SoftBank to resign from board of Paytm, Policybazaar

Although the position will be exited, however, SoftBank will continue to hold stakes in both the companies and will continue to invest in them going forward.

GlobalBees enters into the unicorn club with $111.5 million funding

The fresh investment comes after five months after GlobalBees raised its largest Series funding worth $150 million.

Credit Suisse sues Softbank over $440 million investment

Credit Suisse anticipates and launches a case against SoftBank in the UK and has hired Queen’s Counsel to put together the case.

Swiggy raises $1.25 billion in funding led by SoftBank, to focus on its non-food business

A major chunk of the capital raised would be used to expand its non-food entities like the grocery service Instamart and pick up and drop facility Swiggy Genie. 

Flipkart’s valuation rises to $37.6 billion after a $3.6 billion funding round

The proceeds from the fundraising would be utilized by Walmart owned Flipkart to invest in new categories and existing domains like fashion, grocery and delivery.

Grofers might raise $55-$60 million from its investors

SoftBank, Carlyle in queue to acquire stake in Reliance Retail: Reports

Nvidia acquires 90% stake in Arm Ltd

Nvidia has acquired a 90% stake in the semiconductor and software design company Arm

Nvidia to buy $40 Billion Chipmaker Arm from SoftBank in $12 Million cash

Softbank group said that it has agreed to sell chip designer Arm to Nvidia in a $40 billion deal, this deal is set to reshape the semiconductor landscape. Nvidia will pay SoftBank $21.5billion in shares and $12 million in cash, including $2 billon on signing.

SoftBank to sell UK’s Arm Holdings to Nvidia for over $40bn: Reports

SoftBank will reportedly sell the UK’s Arm Holdings to US chip company Nvidia for over $40bn.