SoftBank and Foxconn will soon initiate a joint venture, targeting expansion in the U.S. Japan’s SoftBank Corp. is a significant investor in tech-focused companies while Foxconn… Simran AgarwalFebruary 25, 2017No comments2 minute read
Softbank could cede control over Sprint to get T-mobile to go along with a merger Japanese conglomerate Softbank is apparently ready to give up control over Sprint,… Mudit MohilayFebruary 18, 2017No comments2 minute read
Softbank to acquire Fortress Investment Group in a multi-billion dollar deal Japanese giant Softbank has announced that it is acquiring Fortress Investment Group,… Mudit MohilayFebruary 15, 2017No comments2 minute read
News Startups Snapdeal plans to shrink workforce as it looks towards business consolidation Due to slowed growth and ongoing battles in the Indian e-commerce ecosystem,… February 11, 2017No comments4 minute read
SoftBank’s Q3 operating profit surges 71 percent, courtesy of Sprint turnaround in the U.S SoftBank, the Japanese internet and telecommunications giant who is also known as… February 8, 2017No comments3 minute read
SoftBank COO Jonathan Bullock resigns from boards of Ola and Snapdeal, due to personal obligations Over the last couple of years, SoftBank Group was responsible for investments… February 7, 2017No comments2 minute read
Apple confirms its Billion dollar investment in Softbank’s $100Bn ‘Vision Fund’ Laying to rest, all those rumours concerning Apple’s reported $1Bn investment in Softbank’s… Deepanshu KhandelwalJanuary 5, 2017No comments2 minute read
U.S. satellite venture OneWeb secures $1.2Bn in a fundraising round led by SoftBank OneWeb announced today about its successful $1.2 billion fundraising round led by Japanese… Simran AgarwalDecember 20, 2016No comments2 minute read
Apple looking to invest $1 billion in SoftBank’s Vision Fund Back in October, SoftBank announced about its ‘Vision Fund’ based out of… Simran AgarwalDecember 13, 2016No comments2 minute read
News Startups SoftBank founder Masayoshi Son looking to gift a million electric cars to Ola drivers To fulfill (or seemingly exceed) his $10 billion commitment to India, SoftBank… December 3, 2016No comments2 minute read
SoftBank launches smart parking (not car!) app using NB-IoT technology Japanese tech behemoth SoftBank has recently introduced a smart parking app at… November 25, 2016No comments2 minute read
Softbank writes off investment worth $555 million in Ola and Snapdeal Softbank, which has heavily backed some of the biggest startups of India,… Jeet SutharNovember 8, 2016No comments2 minute read
SoftBank reports 6.8 percent uptick in Q2’16 operating profits, thanks to Sprint turnaround and ARM deal SoftBank Group, the Japanese telecommunication and internet behemoth, today announced its earnings… November 7, 2016No comments3 minute read
Softbank’s $100 billion tech investment fund to be located in London Venture capital investors in London are thrilled at the arrival of the… Disha ManochaOctober 18, 2016No comments2 minute read
News Startups Ola reportedly in talks with SoftBank, other to add a fresh $500 million to its coffers We cannot stress over this fact enough but the competition among ride-hailing… October 13, 2016No comments3 minute read
News Startups SoftBank is reportedly in talks to invest in FreeCharge, at close to a $1 billion valuation SoftBank Group, the Japanase tech behemoth, has helped shape the fledging startup… Jeet SutharOctober 6, 2016No comments2 minute read
News Singapore At a valuation of $3 Bn, Uber rival Grab secures $750 Mn in equity financing from Softbank Ever since Uber’s exit from China, cab aggregators globally are most likely facing two… Kajal JoshiSeptember 20, 2016One comment2 minute read
Business News Startups Oyo gulps in $61.8 million from SoftBank, other existing investors however, are a no show At a time when growth-stage investments for startups have been extremely scarce,… Jeet SutharAugust 16, 2016No comments3 minute read
Softbank’s earnings on a rise, future growth dependent on Sprint turn-around and ARM acquisiton Quarterly earning call season it is! Some businesses have shown tremendous growth… July 28, 2016No comments4 minute read
[UPDATE]In one of tech history’s biggest buy-outs, SoftBank acquires chip-designer ARM, for a staggering £24.3 Billion The media front this morning is flooded with multiple reports saying that… July 18, 2016One comment4 minute read
Business Enterprise News Start-ups outside India SoftBank to reportedly face SEC probe after Nikesh Arora’s unexpected exit: Bloomberg SoftBank’s been hitting us with curveballs the past week. First, by denouncing allegations… June 30, 2016No comments4 minute read