‘SoftBank could invest over $4 billion in India’
3 years, 7 months ago

‘SoftBank could invest over $4 billion in India’

Hindustan Times  

Masayoshi Son-led SoftBank Group Corp. could put more than $4 billion to work in India in 2021 across myriad technology bets, including software as a service, B2B marketplaces, e-commerce, health-tech and ed-tech. The investments will come from the Japanese company’s Vision Fund 2, which has an investment outlay of up to $30 billion for the current calendar year. We anticipate investing a similar size in the remainder of this year,” SoftBank Vision Fund chief executive officer Rajeev Misra said in an interview from London. Among its new bets this year, Vision Fund 2 led a $300 million investment in Meesho in April, catapulting the social commerce platform’s post-money valuation to $2.1 billion. The India-born company was SoftBank Group’s oldest investment in India, pre-dating Vision Fund 1 and 2.

Investment Companies Fund This Year Invest Misra Vision Fund Billion India Vision Fund 2 Softbank Vision Fund Softbank Vision  softbank  vision  investment  companies  invest  fund  misra  million  billion  india  team

History of this topic

Donald Trump hails $100 billion SoftBank investment in US—AI, jobs, and growth on the horizon
Top News
3 weeks, 3 days ago

Donald Trump hails $100 billion SoftBank investment in US—AI, jobs, and growth on the horizon

Live Mint  

President-elect Donald Trump, joined by SoftBank Group CEO Masayoshi Son, announced on Monday that SoftBank would invest $100 billion in the United States over the next four years. At the announcement event held at Trump’s Mar-a-Lago resort in Palm Beach, Florida, Trump praised Son as a “visionary business leader” and highlighted the investment as a testament to global confidence in …

SoftBank to invest $100 billion in US projects over next four years—Donald Trump to make historic reveal
3 weeks, 3 days ago

SoftBank to invest $100 billion in US projects over next four years—Donald Trump to make historic reveal

Live Mint  

US President-elect Donald Trump will join SoftBank Group CEO Masayoshi Son at his Florida home on Monday to announce that the company is planning to invest $100 billion in U.S. projects over the next four years. The company's investment portfolio that includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia. The announcement will come days after Trump …

SoftBank’s CEO to pledge $100 billion in U.S. investments
3 weeks, 3 days ago

SoftBank’s CEO to pledge $100 billion in U.S. investments

LA Times  

SoftBank Group Corp. Chief Executive Masayoshi Son is set to announce a plan to invest $100 billion in the U.S. over the next four years during a visit with President-elect Donald Trump, according to people familiar with the matter. OpenAI CEO Sam Altman will give $1 million to Trump’s inaugural fund after having previously donated to President Biden’s 2024 reelection …

Trump and SoftBank CEO announce the company will invest $100 billion in US projects
3 weeks, 3 days ago

Trump and SoftBank CEO announce the company will invest $100 billion in US projects

CNN  

CNN — President-elect Donald Trump and SoftBank Group CEO Masayoshi Son announced Monday morning at Mar-a-Lago that the company is expected to invest $100 billion in US projects over the next four years with a goal of creating 100,000 new jobs, according to two people familiar with the announcement. Softbank never made clear how many of the jobs touted in …

'This is what I was born to do': Masayoshi Son's SoftBank to invest another $1.5 billion into OpenAI for AI development
1 month, 1 week ago

'This is what I was born to do': Masayoshi Son's SoftBank to invest another $1.5 billion into OpenAI for AI development

Hindustan Times  

SoftBank is planning to buy $1.5 billion worth of OpenAI stock as its CEO Masayoshi Son looks to position the Japanese group as an artificial intelligence leader. SoftBank CEO Masayoshi Son has also publicly expressed admiration for OpenAI co-founder and CEO Sam Altman and said he frequently talks to him Son is doing this with an ambitious AI plan of …

Stellaris Venture launches its largest ever $300 million fund
1 month, 1 week ago

Stellaris Venture launches its largest ever $300 million fund

Live Mint  

Bengaluru: Stellaris Venture Partners, which has backed companies such as personal care brand Mamaearth and SaaS startup Whatfix, announced the launch of its largest ever fund with a corpus of $300 million on Thursday. “With this new fund, we’re excited to back founders using technology to solve deep problems in large markets," said Rahul Chowdhri, partner at Stellaris. With this …

SostBank Vision Fund’s Rajeev Mishra steps down as co-chief of largest-ever VC fund
1 month, 4 weeks ago

SostBank Vision Fund’s Rajeev Mishra steps down as co-chief of largest-ever VC fund

Live Mint  

Rajeev Misra is formally stepping down as co-chief executive officer of SoftBank Group Corp.’s Vision Fund, bringing to a close a tumultuous tenure at the helm of what had been the largest-ever venture capital fund. Misra was instrumental in helping SoftBank founder Masayoshi Son set up the Vision Fund in 2017, helping him raise nearly $100 billion from Saudi Arabia, …

Japan’s SoftBank returns to profit after gains at Vision Fund and other investments
1 month, 4 weeks ago

Japan’s SoftBank returns to profit after gains at Vision Fund and other investments

Associated Press  

TOKYO — Japanese technology group SoftBank swung back to profitability in the July-September quarter, boosted by positive results in its Vision Fund investments. Tokyo-based SoftBank Group Corp. reported Tuesday a fiscal second quarter profit of nearly 1.18 trillion yen, compared with a 931 billion yen loss in the year-earlier period. SoftBank credited income from royalties and licensing related to its …

SoftBank posts $7.7 billion profit on India’s IPO market boom, rebound in tech valuations
1 month, 4 weeks ago

SoftBank posts $7.7 billion profit on India’s IPO market boom, rebound in tech valuations

Live Mint  

SoftBank Group Corp. swung to a quarterly profit on a series of successful Indian listings and a rebound in tech valuations that boosted the Vision Fund portfolio. The Vision Fund reported a gain of ¥373 billion, thanks to strong initial public offerings for Indian startups and valuation gains in Coupang Inc. and Didi Global Inc. A boom in India’s IPO …

SoftBank's Masayoshi Son is pivoting to AI and chips: What we know
7 months, 4 weeks ago

SoftBank's Masayoshi Son is pivoting to AI and chips: What we know

Hindustan Times  

SoftBank Group Corp.’s flagship Vision Fund has quietly sold off or written down billions of dollars’ worth of its publicly-listed holdings in recent years, a sign of founder Masayoshi Son’s shift away from the venture capital deals that were once an obsession and toward strategic investments in semiconductors and artificial intelligence. That figure doesn’t include the sale of the Vision …

Good companies always on the right side of regulations: Lightspeed MD
10 months, 4 weeks ago

Good companies always on the right side of regulations: Lightspeed MD

Live Mint  

Mumbai: Fintech has always been a heavily regulated industry, but given that the Reserve Bank of India has been an extremely involved regulator, thinking long term, Lightspeed Venture Partners will continue to invest in fintech in India, said Anuj Bhargava, managing director and head of corporate and strategic development for India and South East Asia at the global venture capital …

SoftBank’s Vision Fund to Start Job Cuts as Soon as This Week
1 year, 6 months ago

SoftBank’s Vision Fund to Start Job Cuts as Soon as This Week

Live Mint  

SoftBank Group Corp.’s Vision Fund is preparing to start another round of layoffs as soon as this week, following an approximate 30% reduction last fiscal year, according to people familiar with the matter. SoftBank last year reduced the number of its Vision Fund by about 30% from about 500 people as the investor drastically cut back on the number of …

SoftBank loses nearly $6 billion in quarter as investments suffer
1 year, 11 months ago

SoftBank loses nearly $6 billion in quarter as investments suffer

Live Mint  

TOKYO : SoftBank Group Corp.’s technology investment vehicles posted a loss of nearly $6 billion in the latest quarter, leading the company to reiterate its conservative approach. After posting a record loss equivalent to more than $20 billion in the April-to-June quarter, it reported an equally large profit in the quarter ending in September thanks to profits from unwinding its …

FTX Woes Continue As SoftBank Writes Off $100-Million Investment In Bankrupt Firm
2 years, 1 month ago

FTX Woes Continue As SoftBank Writes Off $100-Million Investment In Bankrupt Firm

ABP News  

San Francisco: Beleaguered Japanese investment firm SoftBank has reportedly written off about $100 million it invested as part of its Vision Fund 2 in now bankrupt crypto exchange FTX. SoftBank has now disclosed a $100 million venture capital investment in crypto broker FTX. Softbank CFO Yoshimitsu Goto was quoted as saying that the $100-million Vision Fund invested in FTX "as …

SoftBank vision fund loses $7.2 billion on tech writedowns
2 years, 1 month ago

SoftBank vision fund loses $7.2 billion on tech writedowns

Live Mint  

SoftBank Group Corp.’s core Vision Fund arm posted a $7.2 billion quarterly loss as plunging startup valuations continue to hammer the company’s financial performance and forces it slow investments. Of those, China’s SenseTime Group Inc. accounted for 364 billion yen, while US food delivery firm Doordash Inc. accounted for 225 billion yen and Indonesian ride-hailing and e-commerce firm GoTo Group …

SoftBank plans $35 mln bet on India's GoMechanic, sources
2 years, 4 months ago

SoftBank plans $35 mln bet on India's GoMechanic, sources

The Hindu  

SoftBank has for years been a prominent backer of Indian startups, investing close to $4 billion last year alone, according to data from Venture Intelligence. Last month, its boss Masayoshi Son said SoftBank would invest much less this year than in 2021, following a record $26.2 billion quarterly loss at its Vision Fund on falling tech valuations. Vision Fund's early-stage …

SoftBank Emerges as a Big Loser of the Tech Downturn. Again
2 years, 5 months ago

SoftBank Emerges as a Big Loser of the Tech Downturn. Again

Live Mint  

Early last year, Masayoshi Son addressed his staff on a video call. Son and his team plowed $38 billion from SoftBank’s latest giant fund into 183 companies last year, according to SoftBank’s filings. “When he believes something is the future he will literally take everything he has and bet it on that," said Gary Rieschel, who helped lead Mr. Son’s …

SoftBank-Backed Fintech Start-Up Open Becomes India's 100th Unicorn With Fresh Funding
2 years, 8 months ago

SoftBank-Backed Fintech Start-Up Open Becomes India's 100th Unicorn With Fresh Funding

ABP News  

New Delhi: Open, a neobanking fintech portal, became unicorn on Monday after it raised fresh capital which pushed up its value over a billion dollars. 🥳 But before that here's the #Unicorn🧵summarizing our journey so far👇 pic.twitter.com/FsfSOpK5Bp — Open Money May 2, 2022 According to news reports, in a Series D funding round, the five-year-old neobank raised $50 million from …

SoftBank in talks to invest in PharmEasy parent API Holdings
3 years, 6 months ago

SoftBank in talks to invest in PharmEasy parent API Holdings

Hindustan Times  

SoftBank Group Corp. is in discussions to invest in API Holdings Pvt, which owns India’s largest online pharmacy chain PharmEasy, according to people familiar with the matter. API is seeking a valuation of at least $5.6 billion in a new funding round, said one of the people, who asked not to be identified as the information is private. SoftBank could …

SoftBank looks to invest $700 million in Flipkart
3 years, 7 months ago

SoftBank looks to invest $700 million in Flipkart

Hindustan Times  

SoftBank Group Corp. is in talks with Flipkart to invest $700 million in the internet retailer, three years after it sold its entire stake in the company to Walmart Inc., two people aware of the development said. The proposed investment in Flipkart from SoftBank’s Vision Fund 2 is part of a $1.2-1.5 billion funding round, the people said on condition …

Interview: Softbank Vision Fund CEO Rajeev Misra on what’s in store for India
3 years, 7 months ago

Interview: Softbank Vision Fund CEO Rajeev Misra on what’s in store for India

Live Mint  

NEW DELHI : Masayoshi Son -led SoftBank Group Corp. could put more than $4 billion to work in India in 2021 across myriad technology bets, including software as a service, B2B marketplaces, e-commerce, health-tech and ed-tech. We anticipate investing a similar size in the remainder of this year," SoftBank Vision Fund CEO Rajeev Misra said in an interview from London. …

SoftBank doubled pay for Vision Fund boss as company posted record loss
4 years, 7 months ago

SoftBank doubled pay for Vision Fund boss as company posted record loss

CNN  

Hong Kong CNN Business — SoftBank’s Vision Fund chief Rajeev Misra got a huge pay bump even as the big tech fund dragged the Japanese company down to historic losses. Misra earned 1.61 billion yen in total compensation for the fiscal year that ended in March, more than double his pay a year earlier, SoftBank said in a regulatory filing …

SoftBank warns of huge losses as Vision Fund value collapses
4 years, 8 months ago

SoftBank warns of huge losses as Vision Fund value collapses

CNN  

London CNN Business — SoftBank warned Monday that it expected to post its first operating loss in 15 years because of a collapse in the value of its flagship tech investments. The Vision Fund is expected to report losses amounting to 1.8 trillion yen due to “the deteriorating market environment,” the company said in a statement. Big losses on other …

Masa Son’s tech empire is being rocked by the pandemic. Don’t count him out just yet
4 years, 9 months ago

Masa Son’s tech empire is being rocked by the pandemic. Don’t count him out just yet

CNN  

Hong Kong CNN Business — Japanese billionaireMasa Son cast himself as a bold, visionary investor betting on the future. Moody’s pushed the company’s credit further into junk status, citing its “aggressive financial strategy.” Selling SoftBank’s “highly-valued” stakes in established companies such as China’s Alibaba or US mobile provider Sprint, just as the market is getting roiled by the pandemic,woulddrive down …

SoftBank’s Masayoshi Son considers new type of fund for startup investing
4 years, 10 months ago

SoftBank’s Masayoshi Son considers new type of fund for startup investing

Live Mint  

SoftBank Group Corp. founder Masayoshi Son said he is considering a new type of fund for startup investing, showing his determination to keep cutting deals after missteps with WeWork and several other companies. “So before we officially launch SoftBank Vision Fund 2, maybe we start from a smaller scale and start from a shorter period in terms of investment as …

Vision Fund losses drag down SoftBank profits by 99%
4 years, 10 months ago

Vision Fund losses drag down SoftBank profits by 99%

CNN  

Hong Kong CNN Business — SoftBank profits have been almost entirely wiped out, as the company continues to feel the pain from big losses in its massive tech fund. SoftBank founder and CEO Masayoshi Son’s closely watched $100 billion Vision Fund was the biggest driver of those losses. But WeWork’s failed IPO and Uber’s declining share price “have caused concern …

SoftBank Vision Fund bets sour and key staff are leaving, upping the scrutiny on Masayoshi Son
4 years, 10 months ago

SoftBank Vision Fund bets sour and key staff are leaving, upping the scrutiny on Masayoshi Son

CNN  

Hong Kong CNN Business — SoftBank founder and CEO Masayoshi Son wants to shape the future of technology for centuries to come, but that bold dream may be fading as his Vision Fund stumbles and investors press for much more focus on the present. The Financial Times reported last week that top US executive Michael Ronen was leaving the Vision …

Oyo is firing thousands of staff across China and India, cites non-performance
4 years, 11 months ago

Oyo is firing thousands of staff across China and India, cites non-performance

Live Mint  

Oyo Hotels is firing thousands of staff across China and India, people familiar with the matter said, adding to growing signs of trouble at one of the largest startups in SoftBank Group Corp.’s portfolio. Oyo’s downsizing is another setback for Masayoshi Son‘s SoftBank, whose portfolio has been buffeted by recent trouble at WeWork and slumping share prices at Slack Technologies …

Softbank’s Masayoshi Son, tech visionary or robber baron?
5 years ago

Softbank’s Masayoshi Son, tech visionary or robber baron?

Live Mint  

This is the year that brought a $100 billion venture capitalist to his knees. In January, SoftBank Group Corp.’s Masayoshi Son was riding high, writing billion-dollar checks to unicorns from office-sharing startup WeWork to autonomous-delivery vehicle designer Nuro. Over the past three years, Son has deployed his giant war chest aggressively, threatening to back a startup’s rival if founders refuse …

SoftBank’s troubles don’t end with Wag. Here are 5 more Vision Fund investments to watch closely
5 years ago

SoftBank’s troubles don’t end with Wag. Here are 5 more Vision Fund investments to watch closely

CNN  

Hong Kong CNN Business — SoftBank’s decision to abandon its $300 million investment in dog-walking startup Wag has raised more questions about the strategy of its mega tech fund. The Vision Fund also has stakes in ride-hailing startups Didi, Grab and Ola, all of which “will likely face similar issues as Uber, with their economics likely remaining challenged until robo-taxis …

Committed to India in the long term, says SoftBank’s India head Sumer Juneja
5 years, 1 month ago

Committed to India in the long term, says SoftBank’s India head Sumer Juneja

Firstpost  

Masayoshi Son, CEO and Founder of SoftBank, during his India visit, said that he wants to bet on the future. We have an optimistic outlook, a fundamental belief in the country’s potential and remain committed to India in the long term,” Sumer Juneja, Partner and Head of India, SoftBank Investment Advisers, told Tech2. “SoftBank’s other investments in India might come …

Global setbacks put SoftBank’s investment plans in India at risk
5 years, 2 months ago

Global setbacks put SoftBank’s investment plans in India at risk

Live Mint  

Mumbai: SoftBank Group’s large-ticket investments in India face an uncertain future as the Japanese conglomerate struggles with setbacks in its marquee investments of WeWork and Uber, raising questions on the completion of its second Vision Fund of $100 billion. Four people directly aware of ongoing discussions between SoftBank and Indian startups said the investor has been mulling two deals for …

Vision Fund: Masa Son isn’t giving up on his big tech dreams yet
5 years, 2 months ago

Vision Fund: Masa Son isn’t giving up on his big tech dreams yet

CNN  

Hong Kong CNN Business — SoftBank just reported its first loss in more than a decade — all because of its big bets on splashy, money-losing tech startupssuch as WeWork and Uber. He said that he learned a “harsh lesson” from the collapse in WeWork’s valuation, and that Uber has had “issues.” Butthe billionaire businessmanalso made clear that he’s standing …

SoftBank takes $9 billion hit from Uber, WeWork and other tech investments
5 years, 2 months ago

SoftBank takes $9 billion hit from Uber, WeWork and other tech investments

CNN  

Hong Kong CNN Business — Some of Masayoshi Son’s biggest tech bets are leading to multibillion dollar losses. SoftBank on Wednesday reported an operating loss for the most recent quarter of 970.3 billion yen on its mega tech funds including the Vision Fund, which holds investments in Uber, WeWork, Slack and other major startups. The group reported losses of 704 …

SoftBank Vision Fund to acquire additional stake in Delhivery
5 years, 3 months ago

SoftBank Vision Fund to acquire additional stake in Delhivery

Live Mint  

SoftBank Vision Fund, the world’s largest technology investor, is set to buy an additional stake from existing shareholders of logistics startup Delhivery Pvt. If and when the CCI approves this transaction, it would result in an increase in SoftBank’s shareholding, from the current holding of 22.44% to a proposed 25.72%,” Paper.vc said in a note. Following that transaction, SoftBank became …

SoftBank’s big tech ambitions in doubt after WeWork IPO debacle and Uber’s slump
5 years, 3 months ago

SoftBank’s big tech ambitions in doubt after WeWork IPO debacle and Uber’s slump

CNN  

Hong Kong CNN Business — SoftBank CEO Masayoshi Son has been shaking up the global tech industry and Silicon Valley, using his $100 billion Vision Fund to pour money into splashy startups like Uber, Slack and WeWork. Slack is also down 40% from a June high and down 25% from the reference price set when it went public.The SoftBank Vision …

SoftBank’s big tech bets are paying billions
5 years, 5 months ago

SoftBank’s big tech bets are paying billions

CNN  

Tokyo CNN Business — SoftBank’s massive tech fund is pulling in big profits. Operating income for the Vision Fund soared 66% to nearly 398 billion yen last quarter thanks to valuation gains on investments like Oyo, Slack and Doordash, SoftBan said in an earnings statement Wednesday. SoftBank founder Masayoshi Son launched the $100 billion Vision Fund in May 2017, with …

SoftBank to use proceeds from first Vision fund for the second
5 years, 5 months ago

SoftBank to use proceeds from first Vision fund for the second

Live Mint  

SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a person aware of the development said, in a show of unflinching confidence in its huge tech bets commanding sky-high valuations when sold. The Japanese investment firm, led by artificial intelligence advocate Masayoshi Son, on Friday said …

SoftBank’s Masayoshi Son forms $108-billion Vision Fund 2 with Apple, Microsoft
5 years, 5 months ago

SoftBank’s Masayoshi Son forms $108-billion Vision Fund 2 with Apple, Microsoft

Live Mint  

SoftBank Group Corp.’s founder Masayoshi Son launched a second Vision Fund, seeking to extend his reign as the world’s most influential technology investor. Apple Inc., Microsoft Corp., sovereign wealth fund of Kazakhstan and a number of Japanese finance companies are also expected to contribute capital, SoftBank said. Saudi Arabia’s Public Investment Fund and Mubadala Investment Co., key partners in the …

SoftBank fund says in no hurry to exit firms in India portfolio
5 years, 5 months ago

SoftBank fund says in no hurry to exit firms in India portfolio

Live Mint  

SoftBank Vision Fund, the late stage fund led by Japan’s Masayoshi Son and one of the biggest investors in Indian tech-enabled startups, said it is not in a hurry to list the companies it has invested in the country and would wait for the right opportunity. IPOs are an important one-time decision for the company, so we will take them …

SoftBank’s Son shines a spotlight on his Vision Fund proteges
5 years, 5 months ago

SoftBank’s Son shines a spotlight on his Vision Fund proteges

Live Mint  

Masayoshi Son likes to sketch out a grand vision for the future of artificial intelligence to justify his seemingly scattershot approach to investing. The founders of Southeast Asian ride-hailing giant Grab, indoor farming startup Plenty, Indian hotel chain OYO Rooms and payments service Paytm took the stage at an annual SoftBank conference to explain how AI helps them stay on …

SoftBank taps Goldman Sachs to begin new fund investor talks in July
5 years, 6 months ago

SoftBank taps Goldman Sachs to begin new fund investor talks in July

Live Mint  

SoftBank Group Corp. is working with Goldman Sachs Group Inc. to raise money for its second $100 billion technology investment fund and will begin formally soliciting investors in July, according to people familiar with the matter. While Son has made no secret of his intention to raise more capital after the first Vision Fund, there has been heated debate over …

SoftBank plans second Vision fund, reports profit surge on Uber gain
5 years, 8 months ago

SoftBank plans second Vision fund, reports profit surge on Uber gain

Live Mint  

Hours ahead of Uber Technologies Inc.’s market debut, the ride-hailing company’s biggest shareholder, Masayoshi Son’s SoftBank Group Corp., is already reaping rewards, if only on paper. Son has been remaking SoftBank Group from primarily a telecommunications operator into a technology investment firm, and his $100 billion Vision Fund has already emerged as a major contributor to earnings. The Vision Fund …

SoftBank says it has made $3.8 billion off its Uber investment
5 years, 8 months ago

SoftBank says it has made $3.8 billion off its Uber investment

CNN  

Hong Kong CNN Business — SoftBank CEO Masa Son’s big bets on Uber and other tech companies are poised to make the Japanesecompany a lot of money. SoftBank reported Thursday that the value of its investment in the ride hailing company has increased 418 billion yen.It invested more than $7 billion in Uber in 2017 through its Vision Fund. Son …

Uber’s IPO will be early test for SoftBank’s massive venture fund
5 years, 8 months ago

Uber’s IPO will be early test for SoftBank’s massive venture fund

CNN  

New York CNN Business — In the second half of 2017, Uber was in a state of disarray. Uber’s IPO will be “the first real litmus test” for SoftBank’s investment strategy, said Kartik Hosanagar, a professor at the Wharton School of the University of Pennsylvania. “It’s their first investment to go public and also one of their larger investments.” But …

SoftBank’s Masa Son announces the formation of another mega tech fund
5 years, 8 months ago

SoftBank’s Masa Son announces the formation of another mega tech fund

CNN  

Hong Kong CNN Business — Why have one $100 billion mega tech fund, when you can have two? “This is the first time that we are officially announcing that we are preparing for the establishment of SoftBank Vision Fund 2,” Son said at the company’s earnings presentation. The size and structuring of the new fund hasn’t been decided yet, he …

SoftBank mulls IPO of $100 billion Vision Fund: Source
5 years, 8 months ago

SoftBank mulls IPO of $100 billion Vision Fund: Source

Live Mint  

Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said on Friday. Softbank has spoken to half a dozen banks over the last month about a potential listing of the Vision Fund but has yet to start a formal process, the source said, adding he was not …

Logistics firm Delhivery raises $413 million in funding round led by SoftBank Vision Fund
5 years, 9 months ago

Logistics firm Delhivery raises $413 million in funding round led by SoftBank Vision Fund

Firstpost  

Carlyle and Fosun, both existing investors in Delhivery, have also participated in this round of financing, the company said in a statement. New Delhi: Logistics company Delhivery Sunday said it has raised more than $400 million in a financing round led by the SoftBank Vision Fund. “With these funds, Delhivery plans to rapidly scale up its reach from 15,000 to …

SoftBank’s bet on Uber is paying off. Nvidia is another story
5 years, 11 months ago

SoftBank’s bet on Uber is paying off. Nvidia is another story

CNN  

Hong Kong CNN Business — Some of SoftBank CEO Masa Son’s big bets on tech companies are paying off for the company’s bottom line. The company said Wednesday that a sharp drop in the value of Nvidia, whose shares plunged toward the end of 2018, cost it 117 billion yen in the last three months of the year — even …

Discover Related