Tuesday, Jun 25, 2024 | Last Update : 07:29 AM IST

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PE investments jump 55 pc to all-time high of USD 24 bn in 2017

In terms of number of deals the year 2017 saw 21 per cent less activity as compared to 2016.

15 Jan 2018 2:51 PM

Uber ex-CEO Kalanick selling nearly a third of stake for $1.4 billion: source

SoftBank deal values Uber at $48 bn, about a 30 pc discount from its most recent valuation of $68 billion.

05 Jan 2018 10:59 AM

SoftBank to buy 15 per cent stake in Uber

Uber spokesperson said the transaction is expected to support the company's technology investments.

29 Dec 2017 3:32 PM

Flipkart investors, employees trimming stakes as part of SoftBank deal

In August, Flipkart said SoftBank’s Vision Fund had committed to the deal, giving the company an edge over Amazon.com.

30 Nov 2017 3:54 PM

SoftBank offers to buy Uber shares at 30 pc discount: source

SoftBank is also expected to make a separate $1 billion investment in the company at the $68.5 billion valuation.

28 Nov 2017 10:24 AM


Uber to disclose price on SoftBank deal early next week: sources

SoftBank’s $1 billion direct investment in Uber is expected to be at the same valuation.

25 Nov 2017 11:27 AM

Uber informed SoftBank about data breach before making details public

Uber is trying to complete a deal in which SoftBank would invest as much as USD 10 billion for at least 14 per cent of Uber.

24 Nov 2017 9:00 AM

E-commerce sector gets $2.1 bn in July-Sept; defies eco slowdown

Investmensts in ecommerce companies from foreign players during three months rose 17 per cent.

17 Oct 2017 4:00 PM

Ola said to raise $2 billion from SoftBank, Tencent: Bloomberg

Japan’s SoftBank has been looking to play consolidator in India’s flourishing startup ecosystem.

03 Oct 2017 9:33 AM

Softbank to invest over $2.5 billion in Flipkart

Following the infusion, Softbank has become one of the largest shareholders in the domestic etailer.

11 Aug 2017 1:13 AM


SoftBank reports drop in quarterly profit on Alibaba stake

SoftBank quarterly net profit was 5.5 billion yen ($50 million), down from 254 billion yen previous year.

07 Aug 2017 12:49 PM

Uber rival Grab to raise USD 2.5 billion in new financing

Grab offers private car, taxi, motorbike and carpooling services in 7 countries and 65 cities across Southeast Asia.

24 Jul 2017 11:36 AM

SoftBank's investment in Paytm gets CCI green signal

SoftBank's 20 per cent stake purchase in One97 Communications, which operates digital payments platform Paytm.

18 Jul 2017 7:16 PM

Uber shareholders discuss stock sale to SoftBank, others

The deal could include investment of new money into the startup.

15 Jul 2017 5:12 PM

Flipkart could offer $900-950 mn for Snapdeal

Snapdeal's valuations have also plummeted from about USD 6.5 billion in February 2016.

13 Jul 2017 11:26 AM


Paytm may pick up stake in BigBasket for $200 million

Investing in BigBasket would help Paytm in further strengthening its play in the e-commerce space.

13 Jul 2017 10:36 AM

Paytm bullish on 'Digital Gold'

Paytm had partnered gold refiner, MMTC-PAMP to allow consumers to buy gold for as low as Re 1.

05 Jul 2017 8:10 PM

Flipkart-Snapdeal buyout talks go on for higher offer

Two parties are now holding parleys over the USD 150-200 million valuation gap.

05 Jul 2017 6:32 PM

Softbank unit to buy two firms that build walking robots

SoftBank has embarked on an aggressive acquisition campaign to boost its research and development capabilities.

09 Jun 2017 10:44 AM

Softbank to facilitate use of renewable energy in India

India is considering electrifying all its vehicles over the next 15 years.

05 Jun 2017 5:29 PM