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Latest Articles in softbank

SoftBank’s Bets In Startup Hit A Record Low, Tightens Funding

The firm once participated in USD 30 billion worth of financing rounds in more than 90 startups in a single quarter and participated in just eight investment rounds totaling USD 2.1 billion in the three months ending in December

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OfBusiness Plans Second Fundraise At $8-9 Bn

SoftBank-backed OfBusiness aims for second fundraising at $8-9 billion. It also gives a chance for existing investors to exit

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CEO Of SoftBank Increases Its Hold, Owns 34% Stake

Masayoshi Son CEO of SoftBank increases its control over the company. He now owns 34 per cent of the total shares

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Softbank Plans To Sell 5% Stake In PB Fintech

Softbank a Japanese firm plans to sell, 5 per cent of shares in PB FIntech the parent company of Policy Bazaar

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Lenskart Backed Neso Brands Secures $100 M In Seed Funding

Its investors include KKR, Softbank, Alpha Wave Global and Temasek. Neso Brands will partner and invest in consumer eyewear brands around the world. Neso Brands also announces that Bjorn Bergstrom has joined the founding team as CEO

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India gains Global VCs’ confidence in 2021

In value terms, $19.5 bn in VC funds came into India in the nine months to September this year, of which $9.9 bn came in the July-Sept quarter, says CB Insights.

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Paytm Set For Trading Debut After $2.5 Bn IPO

Paytm's success has turned Sharma, a school teacher's son, into a billionaire with a net worth of $2.4 billion according to Forbes.

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Softbank Leads $93 Mn Investment In NFT Gaming Firm The Sandbox

The latest fund raising came a little over a year after its last round, as the company saw fast growth in monthly active users and crossed $144 million in transaction volume on the platform.

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Ola Electric Raises Over $200Mn At $3Bn Valuation

Ola will accelerate development of other vehicle platforms including electric motorbike, mass market scooter and its electric car.

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SoftBank Leads $680 Million Funding Round In NFT Fantasy Soccer Game Sorare

Sorare is an online game where players buy officially licensed cards representing soccer players and build teams which play against each other, with the outcome based on the players' performance in real-life games.

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