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Latest Articles in softbank

#TodayDeals: Uber to Reinvest Profits Back in Tech, Products in Emerging Markets Like India & More

Uber will re-invest profits in its products and technology, emerging markets like India

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SoftBank Confirms Sale of Entire Stake in Flipkart to Walmart

SoftBank did not disclose terms of the sale but this month CEO Masayoshi Son said its investment in the Indian firm was worth around $4 billion. The Vision Fund invested invested $2.5 billion in Flipkart in August last year

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After Exploring Funding Deal with Swiggy, SoftBank Now in Talks to Invest in Zomato

The Deepinder Goyal-led Zomato had raised $200 million from Alibaba three months back which valued the company at about $1.1 billion.

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#TodayDeals: SoftBank in Talks to Buy Ola Shares from Tiger Global & More

Ather Energy is reportedly looking to push its EScooter S340 for retail operations soon.

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SoftBank Vision Fund Invests €460M in Used Car Platform AUTO1 Group

460 million euros is approximately a couple of million dollars more than $560 million given the forex rates. SoftBank’s Akshay Naheta will join the AUTO1 Group board following the investment.

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$100 Billion is Not Enough as SoftBank Mulls Another Tech Fund

Talks are still early, but the fund will likely be even bigger than a $100 billion.

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AI Startup Petuum Closes $93M Series B Round Led by SoftBank

With this new round of funding, Petuum will continue to expand its technical and business teams, and focus on deploying PetuumOS in specific industries that have high AI potential, but low adoption, such as manufacturing and healthcare.

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Ola is Not Using the New $2Bn to Enter Sri Lanka

A LinkedIn post got everyone speculating Ola Cabs entering international markets a little too prematurely (if it’s happening at all).

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OYO Raises $250M In Series D Round Led by SoftBank

Hero Enterprise joins as a new investor along with existing investors – Softbank, Sequoia India, Lightspeed and Greenoaks Capital

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