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SoftBank Exits Policybazaar: $650 Million ROI Sets Benchmark for Other Indian Startups

Over the past couple of years, a considerable number of foreign investors divested their stakes in various Indian startups. The reasons for these divestments have varied, ranging from profitable exits to acknowledging the challenges faced by these billion-dollar startups,...

SoftBank Puts IPO-bound OYO in a tough spot: Slashes valuation to just $2.7 billion

The challenges for OYO, the hospitality startup unicorn of India, are far from over. As the company has started to come out from the grip of Covid-19, SoftBank Group Corp. has slashed the value of Oyo hotels on its...

SoftBank’s bets gone all wrong: Highest ever loss in Q1 2022

Softbank's Masayoshi Son, a billionaire who is known for his aggressive bets on tech startups, is set to break another record, albeit an unpleasant one. SoftBank Group Corp.'s Vision Fund investment division may have lost a humongous amount...

WeWork IPO: With $9 Billion Valuation And Merger, Softbank Takes A Shot, Again!

Perseverance does pay off. The news of WeWork IPO is once again creating waves! The development coming from WeWork’s corner is the latest example to prove precisely that. Having failed spectacularly on its first attempt at IPO, WeWork has risen...

Masayoshi Son Bids Adieu To SoftBank Telecom Unit For Something Big!

Masayoshi Son is bidding adieu to the domestic telecommunication unit that has long been central to his technology empire SoftBank Corp and is all set to welcome a transition of power. According to a statement issued by the company, Son’s...

Masayoshi Son’s Giant Bet On Ride-Hailing Sector Is Finally Paying Off As SoftBank Sells $2 Billion In Uber Stocks!

Following the surge in the value of U.S. headquartered ride-hailing giant Uber, SoftBank Group Corp’s Vision Fund cashed in on the same by selling close to $2 billion in Uber Technologies stock! According to a filing with the United Securities &...

Nvidia Agrees To Buy ARM From SoftBank: $40 Billion Deal With Many Ifs And Buts

Masayoshi Son has been looking to sell off Arm for quite some time and finally, it seems like he has managed to find the perfect buyer for it albeit with some complications. In what is being called the largest-ever...

SoftBank Sets Eyes On TikTok India

If you think that acquisition of TikTok India is now a two horse race, involving giants like Microsoft and Reliance Jio, you are highly mistaken. TikTok’s acquisition is filled with twists turns and potholes. To add to the same, now...

More Trouble For SoftBank As Jack Ma Resigns?

The year 2020 has been extremely brutal for SoftBank Group, the Japanese multinational conglomerate. Now, to make things even worse, it has reportedly been found out that Jack Ma who was a crucial board member of the SoftBank Group...

Is SoftBank Losing Grip On The Startup Ecosystem? To Incur $12.5 Billion Loss!

The ongoing financial challenges for SoftBank are far from getting over anything soon. It looks like all the huge bets that the SoftBank Group’s Vision Fund placed on tech companies are coming to bite them back. The company has...
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Amazon Makes Historic Bet on AI: $4 Billion Fuels Anthropic’s Generative Engine

AI investments have skyrocketed in the last three years, with tech giants placing their bets on the transformative power...
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