Softbank & Alibaba infuse additional $225 Mn in Paytm Mall

Paytm Mall raises $225 Mn from SoftBank & Alibaba. Gurgaon based e-commerce retailer Paytm Mall has raised $225 Million (nearly Rs 1,500 crore) from Softbank and Alibaba. This funding is a third tranche of the $445 Mn that Alibaba and SoftBank had committed to Paytm Mall in April this year. As per the regulatory filings, SoftBank has…

ByGirish ShettiJune 13, 20180Comments

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SoftBank blinks, agrees to sell Flipkart stake: Report

Sources claim SoftBank may sell Flipkart stake. Ending weeks of speculations, SoftBank has finally decided to part away its entire 21% stake in Flipkart to U.S. retail giant Walmart, according to people familiar with the matter. Following the sale out, the Japanese investment giant would be making healthy profit of $4 billion over $2.5 billion investment…

ByGirish ShettiMay 22, 20180Comments

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Zomato in talks with SoftBank to raise $200-250 Million: Report

Zomato in discussion with SoftBank to raise $200-250 Million. It seems that SoftBank seriously wants to become a potential kingmaker in India’s food delivery space as reports are emerging about its possible plan to invest $200-250 Mn in Zomato. This comes barely days after the news that claimed that SoftBank is among the front-runner to invest…

ByGirish ShettiMay 17, 20180Comments

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SoftBank may pump $3 Bn in Paytm Mall: Sources

SoftBank may infuse $3 Bn in Paytm Mall. Japanese investment giant SoftBank is seriously mulling to invest $3 Bn in Indian e-commerce player Paytm Mall, according to key sources familiar with the matter. This investment would be in addition to the nearly $500 million investment that Softbank and Alibaba made in the Gurugram based startup earlier…

ByGirish ShettiMay 15, 20180Comments

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Paytm Mall Receives huge Funding Boost from SoftBank and Alibaba

Paytm Mall raises fresh funds from SoftBank and Alibaba. Paytm Mall, e-commerce division of digital wallet firm Paytm, got a huge funding boost on Monday after SoftBank and Alibaba committed to pump in 2892.5 crore (around $446 million) in the online shopping startup. The latest funding round will reportedly value Paytm Mall at roughly $1.9 billion…

ByGirish ShettiApril 3, 20180Comments

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Budget hotel aggregator startup OYO Rooms in Talks to Raise Fresh Funds from SoftBank: Report

OYO Rooms in Talks to Raise Fresh Funds from SoftBank. Budget hotel aggregator startup OYO Rooms is holding discussions to raise $500-$800 Mn through a new funding round from SoftBank, according to people familiar with the matter. The development comes barely six months after OYO Rooms secured $250 Mn from SoftBank, followed immediately by another 10…

ByGirish ShettiMarch 22, 20180Comments

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SoftBank Leads Fresh Funding for Embattled Grocery Startup Grofers

SoftBank leads fresh funding for Grofers. Embattled online grocery startup Grofers has raised Rs 400 crore (approximately $62 million) in a fresh round of funding that was led by Japanese investment giant SoftBank. Apart from SoftBank (an existing investor), another existing investor Tiger Global and a new investor Yuri Milner (Russian billionaire) also participated in the…

ByGirish ShettiMarch 16, 20180Comments

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Paytm Mall May soon get 3,000 crore Bonanza from SoftBank: Report

Paytm Mall in advanced talks with SoftBank to raise fresh funds. Paytm Mall, e-commerce division of digital wallet firm Paytm, is reportedly in advanced talks with Japanese investment giant SoftBank to raise nearly Rs 3,000 crore. Close sources are further claiming that Paytm Mall is also holding talks with other investors including Singapore’s Temasek Holdings for…

ByGirish ShettiMarch 6, 20180Comments

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Insurance Startup Policy Bazaar in Talks with SoftBank to Raise Fresh Funds: Report

Policy Bazaar in Talks with SoftBank to Raise Fresh Funds Insurance aggregator Policy Bazaar is reportedly holding talks with Japanese investment & telecom giant SoftBank for raising fresh funds. The online insurance company is seeking to raise fresh capital at a valuation of nearly $800 million. A healthy jump from the previous valuation of $500 million…

ByGirish ShettiJanuary 26, 20180Comments

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SoftBank Considering an IPO for Japanese Telecom Business, Plans to Raise $18 Billion

SoftBank planning to raise $18 billion through IPO The Japanese telecom giant and global investor, SoftBank Group Crop, is all set to spin-off its wireless business by listing it on the Tokyo Stock Exchange (TYO), according to Japanese newspaper Nikkei. The Japanese Conglomerate is reportedly planning to sell off 30 percent stake through an IPO and…

ByGirish ShettiJanuary 15, 20180Comments

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