Thu, Sep 14, 2023
The company had secured a valuation of $54.5 billion on Wednesday after pricing its IPO at the top end of its marketed range.
Wed, Sep 13, 2023
The valuation that Arm has been seeking thus far represents a climb-down from the $64 billion valuation at which SoftBank last month acquired the 25 per cent stake it did not already own in the company from the $100 billion Vision Fund it manages.
Mon, Sep 11, 2023
Arm is also considering keeping the price range as is and pricing the IPO above it on Wednesday, which would also lead to a valuation higher than $54.5 billion.
Tue, Aug 29, 2023
Japanese company SoftBank Vision Fund (SVF Global) is looking to sell off 1.17 per cent stake in food delivery giant Zomato, according to a media report on Tuesday.
Tue, Aug 22, 2023
Arm is reportedly developing its own chip, aiming to showcase the capabilities of its designs and attract new customers.
Wed, Aug 09, 2023
SoftBank's portfolio companies, valued at $42 billion, are gearing up for IPOs. FirstCry is expected to file draft papers by the end of 2023. SoftBank's Vision Fund is set to begin investing again after a prolonged period of inactivity. The investment firm is looking to take new bets in AI-focused companies with high growth across India, Europe, Latin America, and the US.
Sat, Aug 05, 2023
Japanese investment giant SoftBank is suing social app IRL for fraud related to fake user base and growth, asking $150 million in damages.
Tue, Jul 18, 2023
Post-divestiture, Softbank holds a 9.15 per cent stake in the company. Earlier in May, the Japanese investment company sold a 2 per cent stake in Paytm.
Thu, May 11, 2023
SoftBank has exited several startups and companies in the recent past, like in ride-hailing platform Uber, T-Mobile and Alibaba.
Thu, Mar 02, 2023
Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) offloaded 2.80 crore shares in eight transactions through open market.
Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) on Wednesday divested 3.8 per cent of its stake in supply chain company Delhivery for Rs 954 crore through open market transactions.
Fri, Dec 02, 2022
Shares of PB Fintech, which runs the insurance aggregator platform Policybazaar, jumped around 6% intraday on December 2 on the back of a block deal. Japanese conglomerate SoftBank Group Corp offloaded 5% stake in the company via a block deal.
Thu, Nov 17, 2022
According to bulk deal data available with the National Stock Exchange (NSE), SVF India Holdings (Cayman) Ltd sold a total of 2,93,50,000 shares, amounting to a 4.5 per cent stake in the company.
Shares of Paytm crashed nearly 10% in early morning deals on Nov 17, as Japan-based Softbank sold over 4% stake in Noida-based digital payments and financial services company via a block deal.
Wed, Nov 16, 2022
Softbank is the second largest shareholder with a 17.5 per cent stake in the company. With this transaction, the overall holding of Softbank in Paytm is likely to come down to 13 per cent.
Paytm's pre-IPO investors like Warren Buffet, SoftBank, Elevation Capital, Alibaba are long-term investors.
Wed, Oct 05, 2022
Last month, in a regulatory filing OYO reported a revenue of Rs 1,459.32 crore in the three-month period ended June 30, 2022.
Fri, Sep 23, 2022
The reported valuation cut comes at a time when the hospitality major is eyeing its initial public offering (IPO) in months to come.
Mon, Aug 08, 2022
The Masayoshi Son-led Japanese giant posted massive losses for its second straight quarter. The conglomerate earlier reported net loss at $16.2 billion for its January-March quarter this year.
Thu, May 05, 2022
Indian grocery start-up Zepto has announced raising USD 200 million in new funding, valuing the company at USD 900 million.
Sat, Mar 12, 2022
Japanese investor SoftBank Investment Advisers is in talks with Tatas and Mahindras for a stake buy in one of their subsidiaries, a top official said on Friday.
Tue, Dec 21, 2021
Several SoftBank-backed companies and many popular names such as payments platform Paytm, beauty e-commerce retailer Nykaa and food delivery platform Zomato have sought a listing in India this year as ample liquidity and strong retail participation pushed the stock market to record levels.
Wed, Dec 08, 2021
In a letter to employees that was leaked on Blind, an anonymous community app for the workplace, Garg said: "I failed to show the appropriate amount of respect and appreciation for the individuals who were affected and for their contributions to Better. I own the decision to do the layoffs, but in communicating it I blundered the execution. In doing so, I embarrassed you."
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