Softbank
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Meesho raises Rs 2,200 cr in funding led by SoftBank
Business | Apr 05, 2021, 11:55 AM ISTHomegrown social commerce platform Meesho on Monday announced it has raised $300 million (over Rs 2,200 crore) in a new round of funding led by SoftBank Vision Fund 2, taking its valuation to $2.1 billion.
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Paytm makes foray into Japan, launches Paypay
Business | Oct 22, 2018, 04:30 PM ISTWith this Paytm has made foray into the Japnese market after successfully launching its services in Canada last year
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BSNL inks deal with Softbank, NTT to roll out 5G, IoT service
Business | Sep 23, 2018, 11:28 AM ISTTelecom minister Sinha has said that 5G service launch in India will happen at par with other leading nations.
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SoftBank to partner Paytm for launching digital payments service in Japan
Business | Jul 27, 2018, 07:40 PM IST"PayPay Corporation will team up with India's largest digital payments company Paytm, a SoftBank Vision Fund portfolio company, to utilise Paytm's technology and expertise in mobile payments," it added.
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Grofers raises Rs 400 cr from SoftBank Group
Business | Mar 16, 2018, 03:48 PM ISTA significant amount of investment will go towards building infrastructure and technology and efficient supply of chain management to achieve deeper penetration in existing Grofers cities, it said.
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SoftBank group acquires major stake in Uber
Business | Dec 29, 2017, 05:14 PM ISTUber has been plagued by a growing string of scandals over the past year, including allegations of sexual misconduct and charges that it deployed an espionage team to plunder trade secrets from its rivals.
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Ola to buy Foodpanda’s India unit, pump in $200 million in investments
Business | Dec 19, 2017, 01:50 PM ISTOla's $200 m investment in Foodpanda's India business is the largest such funds infusion in an Indian online food ordering and delivery company.
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Ola fattens wallet in fight against Uber with Rs 13,000 cr funding from SoftBank, Tencent
Business | Oct 03, 2017, 09:42 AM ISTThe $2 billion investment in Ola Cabs in the second-largest funding in a single round after Flipkart's $4 billion by SoftBank and Tencent.
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Flipkart gets $2.5 bn funding boost from SoftBank in fight against Amazon
Aug 10, 2017, 05:48 PM ISTThe latest round of funding in Flipkart comes days after its proposed deal to take over Snapdeal fell through
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Jasper board rejects Flipkart’s $800 m offer for Snapdeal over lower valuation
Jul 05, 2017, 12:25 PM ISTFlipkart's fresh offer of $800 million for acquiring Snapdeal is significantly lower than its opening bid of $1 billion, a steep markdown from the company’s peak valuation of $6.5 billion last year
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Billionaire Azim Premji’s objection could stall much-anticipated Flipkart-Snapdeal merger
Jun 23, 2017, 05:13 PM ISTAzim Premji’s family office is opposed to differential payments which were proposed in a bid to win over larger Snapdeal investors and the founders who have agreed to a deep cut in valuation, a media report said
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Paytm in talks to acquire Snapdeal’s payment wallet business Freecharge
Jun 01, 2017, 01:50 PM ISTSnapdeal had acquired FreeCharge in 2015 for an estimated Rs 2,400 crore in a stock-cash deal
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Softbank inducts India-born Rajeev Misra into board
May 27, 2017, 03:51 PM ISTHowever, the election of Rajeev Misra is subject to shareholders approval at Softbanks annual general meeting to be held on June 21.
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Paytm raises Rs 9,100 cr from Softbank, valuation soars to over Rs 52,000 cr
May 19, 2017, 11:14 AM ISTHomegrown mobile payment and e-commerce platform Paytm, run by One97 Communication Ltd, has raised $1.4 billion (approx. Rs 9,100 crore) funding from Japanese internet and telecom major SoftBank Group, the company said here on Thursday.
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Decks cleared for Flipkart-Snapdeal merger, announcement likely in 2-3 days
May 12, 2017, 12:05 PM ISTThe deal values Snapdeal at $1 billion, a steep markdown from the company’s peak of $6.5 billion last year
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SoftBank writes off $1bn funding in Snapdeal over Rs 9K cr loss in Indian investments
May 10, 2017, 04:57 PM ISTThe Japanese firm has multi-billion investments in Indian firms, including Ola, Snapdeal and Elara Technologies, which owns PropTiger, Housing and Makaan.com
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Paytm to raise Rs 12,000 cr from SoftBank in single largest e-commerce funding
Apr 28, 2017, 12:05 PM ISTThe development comes at a time when Paytm is looking to expand into areas such as banking and finance and will need significant funds over the next three years
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Paytm or Flipkart? Softbank keeps options open for Snapdeal sale
Apr 19, 2017, 11:50 AM ISTThe Japanese conglomerate is believed to be in discussions with Paytm for a funding of Rs 64,000 crore into the payments platform. The move comes at a time the company is already discussing Snapdeal’s sale to Flipkart
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Has the Snapdeal board snubbed Softbank's proposal for sale to Flipkart?
Apr 05, 2017, 12:21 PM ISTSoftbank, which holds 33 per cent in Snapdeal, pushed for the company's sale to Flipkart during a boardroom discussion, reports said
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Japan's SoftBank pushes for Snapdeal merger with Flipkart: Report
Mar 28, 2017, 11:38 AM ISTIn a development that could mark the most significant consolidation in the highly competitive domestic e-commerce market, Japanese giant SoftBank is learnt to be pushing for a possible merger between Flipkart and rival Snapdeal