If you claim to be a startup enthusiast and unless you are not hiding behind a rock then you should be well aware that off late Oyo Hotels and Homes has been on an aggressive expansion mode. And now the Gurgaon based company has got a fresh stimulus for its expansion plan as it raised…
After becoming the first Indian startup to attract investment from Facebook, Meesho is likely to add another high-profile investor in its boardroom. According to sources, Bengaluru based startup is in talks with Japanese tech giant SoftBank to raise $150-200 million. Existing investors are also likely to participate in the fundraising exercise but the talks are…
Japanese tech conglomerate SoftBank has announced plans for raising second Vision Fund as it looks to continue with investment in technology driven startups with major focus on Artificial Intelligence or AI. The second vision fund will be raising nearly $108 Bn, SoftBank’s Chairman Masayoshi Son announced. This makes the second vision fund bigger than the…
Ola Electric Mobility (OEM) has become the latest startup to join India’s rapidly increasing unicorn club. This after OEM, which is Ola's electric vehicle division, raised $250 million (nearly Rs 1,725 crore) from Japanese telecom giant SoftBank. SoftBank is already the largest investor in ride-hailing firm and Uber’s main rival Ola. ANI technologies is the…
Fundraising has almost been a norm for health and fitness startup CureFit, which has been on a fundraising spree ever since its inception in 2016. But CureFit’s upcoming funding round may prove to be extra-special for two reasons. First is that this funding round is likely to backed by a powerful investor SoftBank and secondly…
SoftBank’s long drawn predicament over whether to choose Swiggy or Zomato to mark its first investment in India’s foodtech sector seems to have been finally resolved. If media reports are to be believed then Japanese telecom giant’s investment appetite are increasingly tilting towards to Swiggy, which leaves Zomato pretty much in lurch.
SoftBank may pump $300-500…
It seems that there is no stopping SoftBank’s love affair with the Indian startup world. Eyewear omnichannel startup Lenskart is now most likely to become the latest beneficiary of SoftBank’s investment overtures. According to Economic Times (ET), Japanese tech investor is in talks to invest $350 million in Lenskart at an eye-popping valuation of $1.3…
Online grocery major Grofers has successfully raised $200 Mn in series F funding round from SoftBank Vision fund. Existing investors Tiger Global and Sequoia Capital as well as new investor KTB also took part in the funding round. The round has catapulted Gurugram based company to the coveted unicorn club and has now become part…
Self-drive car rental startup Drivezy’s wish for a new funding round is most likely to be fulfilled pretty soon. This is courtesy due to SoftBank and Amazon, who are reportedly interested in pumping $100 Mn in the Bengaluru based startup. Both are likely to infuse the funds in the form of equity as well as…
India’s coveted unicorn list has got a new member, Gurgaon based logistics startup Delhivery. Delhivery’s journey to the unicorn world was expedited, after its latest funding round from SoftBank and other investors. In all, the logistic company has raised $350 Mn from SoftBank and Fosun International from the latest round, which has capitulated its valuation…
