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  Meesho raises Rs 2,200 cr in funding led by SoftBank

  Business | April 05, 2021 11:55 IST

  Homegrown 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 | October 22, 2018 16:30 IST

  With 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 | September 23, 2018 11:28 IST

  Telecom 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 | July 27, 2018 19:40 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 | March 16, 2018 15:48 IST

  A 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 | December 29, 2017 17:14 IST

  Uber 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 | December 19, 2017 13:50 IST

  Ola'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 | October 03, 2017 9:42 IST

  The $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

  August 10, 2017 17:48 IST

  The 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

  July 05, 2017 12:25 IST

  Flipkart'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

  June 23, 2017 17:13 IST

  Azim 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

  June 01, 2017 13:50 IST

  Snapdeal 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 15:51 IST

  However, 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 IST

  Homegrown 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 IST

  The 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 16:57 IST

  The 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

  April 28, 2017 12:05 IST

  The 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

  April 19, 2017 11:50 IST

  The 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?

  April 05, 2017 12:21 IST

  Softbank, 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

  March 28, 2017 11:38 IST

  In 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