Search Results for: Softbank

Saudi Arabia replaces Aramco chair with wealth fund chief ahead of IPO

The appointment of Al-Rumayyan, already an Aramco board member, comes as part of the Saudi authorities' preparations to sell shares in the world's biggest oil exporter.

Sep 3, 2019

Amazon, Microsoft may be putting world at risk with killer AI, says report

The use of AI to allow weapon systems to autonomously select and attack targets has sparked ethical debates in recent years.

Aug 22, 2019

PolicyBazaar plans to create 4,000 jobs in Jammu & Kashmir and Ladakh in a year

Dahiya is trying to push the expansion in Jammu & Kashmir as he has an educational exposure of four years in Jammu in his childhood

Aug 13, 2019

SoftBank, Tencent lead race to buy 21% stake in PolicyBazaar - Report

SoftBank has plans to increase its stake to about 20 percent in the company.

Jul 12, 2019

Oyo segregating its hotel business to 3 major verticals

The Indian business vertical has been growing after the appointment of Aditya Ghosh, the former Indigo president, as the CEO.

Jul 8, 2019

Ola electric raises $250 mn from SoftBank, valuation close to $1 bn

SoftBank was allowed to infuse the funds into Ola after the Narendra Modi government asked the companies to electrify their fleet by 2025.

Jul 3, 2019

Indian startups attracting investors again, raise record $3.9 billion in 2019

In comparison, during the entire 2016 and 2017, the Indian startups managed to raise $4.2 billion and $4.3 billion respectively.

Jul 1, 2019

Oyo hotel in $300-million expansion in US

Oyo eyes top slot with $300 million push in US market adding one hotel a day

Flush with funds, Oyo group hopes to replicate the success of its rapid growth in India and China in the US to corner more market share.

Jun 20, 2019

Paytm Money plans to raise Rs 8,360 cr, may become 3rd unicorn from Paytm family

Paytm Money is dependent on the global investors as it has received a mere Rs 28.8 crore as investment from its parent company.

Jun 20, 2019

How Uber's IPO dreams shattered the lives of hordes of Indian drivers

Uber currently operates in 40 Indian cities and the country accounts for an estimated 11 per cent of its global rides.

May 9, 2019

India's Tik Tok ban to lead to loss of 250 jobs as revenues take a hit

China-based Tik Tok founder has now filed a fresh petition in the Supreme Court seeking the removal of the ban.

Apr 23, 2019

India is too juicy a market for Tik Tok to abandon over regulatory pressures

Chinese video app Tik Tok's parent ByteDance plans to expand India operations by introducing a stronger content review, more apps.

Apr 20, 2019

fintech, fintech startups, global startups, global fintech funding, asian fintech, indian fintech, paytm, freecharge

Sluggish beginning for startups in 2019, funding down by 25 percent

As per startup data platform, Tracxn, Jan-Mar quarter of the calendar year (CY) 2019 has witnessed a drop in total deal value from $3.2 billion to $2.4 billion, which is 25% less than the preceding quarter (Oct-Dec 2018).

Apr 3, 2019

Airbnb checks into Oyo rooms, invests $150-200 million

Last year, the unicorn start-up had managed to raise more than $1 billion from investors.

Apr 2, 2019

Let's have a look at top 5 internet companies in India with mind-boggling valuations

Nimble companies with innovative ideas are raising millions of dollars every other day, which brings us to the question, what is the pecking order of Indian internet companies?

Mar 28, 2019

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