Abu Dhabi-Based ADQ to Invest $70 Mn in Policybazaar
ADQ, the Abu Dhabi-based investment firm, is set to invest $70 million in the parent of Policybazaar, according to the Mint report. The insurance aggregator has...
Tag : SoftBank
SoftBank Pulls Out of Latin America Partnership with OYO
The Latin American unit of Indian hotel startup OYO Corp. has ended its joint venture with the SoftBank Latin America Fund, less than six months after they...
Uber to Buy Alcohol Delivery Startup Drizly
Uber Technologies Inc. agreed to acquire Drizly Inc., which makes an on-demand alcohol delivery app, for $1.1 billion, beating out at least two rival companies...
UBS Group May Invest $400 Mn in Paytm
UBS Group AG is in talks to invest $400 million in Paytm, the most valuable Indian startup, in a bet on the surging digital payments...
SoftBank’s Vision Fund Plans to Unveil Blank Check Company
SoftBank Group Corp.’s Vision Fund will outline plans for a blank-check company in the next two weeks, seeking to capitalize on the investor frenzy surrounding...
Nasdaq Sees 2% Decline in Futures Upon Resumption of Tech Sell-Offs
On Tuesday saw a 2% decline among futures tracking the Nasdaq 100 index, following a report on the first full trading day where SoftBank made...
Adani Ports to Raise $750 Mn via its Offshore Bond Offerings
Today, Adani Ports and Special Economic Zone Ltd. had decided to raise more than up to $750 million through its offshore bond offerings. It is going to...
Oyo Announces 25% Pay Cut, Furloughs India Staff
On Wednesday Oyo (Oralvel Stay Pvt.Ltd) has announced cuts salary and furloughed some of its staff in India, to save cash after its revenues plunged...
Oyo Becomes The Second Most Valuable Start-Up In India
Hotel chain Oyo Rooms has said it would raise US$ 1 Billion from Japan’s SoftBank Vision Fund and other investors, making it India’s second-most valuable...
BSNL Inks A Pact With SoftBank And NTT To Launch 5G
BSNL has inked a pact with Japan’s Softbank and NTT Communications to roll out 5G and internet of things technology in India. Earlier this month,...