SoftBank Group
In Focus
Success driven : Bhavish Aggarwal and the evolution of Ola Cabs
The co-founder of the Indian mobility platform Ola, currently possesses an astonishing net worth of around Rs 11,700 croresBhavish Aggarwal, co-founder of the Indian mobility platform Ola, embarked on a remarkable business journey that exemplifies determination, innovation, and pursuit...
Finance & Funding
Softbank sells 1.16% stake in Zomato for Rs 947 crore
PTI -
Softbank through its affiliate SVF Growth (Singapore) Pte offloaded the shares of Zomato on the National Stock Exchange
New Delhi: Japanese conglomerate Softbank on Wednesday divested a 1.16 per cent stake in online food ordering company Zomato for Rs 947...
E-Commerce
Startup Inspiration: Flipkart founder Sachin Bansal
After having led Flipkart to its glory, Bansal started Navi Technologies and is pursuing opportunities in the banking financial services and insurance sector
Co-founder of homegrown e-commerce marketplace Flipkart Sachin Bansal is known as the flag-bearer of the Indian startup ecosystem. The...
Latest News
Unicommerce records 50% revenue growth in FY’23
PTI -
The company has achieved an annual run rate of processing over 600 million transactions amounting to over $7 billion in annual gross merchandise valueNew Delhi: Softbank-backed Saas platform Unicommerce has registered a 50 percent growth in revenue driven by...
E-Commerce
Meesho collaborates with IISc’s lab for research in generative AI
PTI -
The goal of the partnership is to foster innovation in generative artificial intelligence and multimodal large language models in the e-commerce industryNew Delhi: Softbank-backed e-commerce platform Meesho has signed a memorandum of understanding with the Vision & AI Lab...
Finance and Funding
Softbank offloads 3.8% stake in Delhivery for Rs 954 cr
PTI -
Softbank's arm SVF Doorbell (Cayman) divested 3.8% of its stake in supply chain company Delhivery for Rs 954 croreNew Delhi:Â Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) on Wednesday divested 3.8 per cent of its stake in supply chain company...
Food
Grofers to enter FMCG segment; targets Rs 2,500 crore revenue by FY19
Online grocery firm Grofers has announced that it is entering the FMCG segment and targeting an overall revenue of Rs 2,500 crore by FY2019.The company recently launched seven new brands under two categories Budget and Popular G-Brands."With this, Grofers' private labels expands to...
Food
Grofers raises Rs 400 cr from SoftBank Group
IANS -
Online supermarket platform Grofers on Friday said it has raised Rs 400 crore in a fresh funding round led by Japanese conglomerate SoftBank Group.A significant amount of investment will go towards building infrastructure and technology and efficient supply of...
Retail
E-comm majors report massive sales spurts, but is it sustainable?
Leading e-retail major Flipkart has sold 150 million products till date this calendar year, reporting a jump of 150% in unit sales so far in 2015, compared with the year-ago period, the company has announced.
“With a growing base of...
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Latest News
Varun Beverages to raise Rs 7,500 cr to fund expansion plans
The fund would be raised in "one or more tranches" and would be "subject to receipt of approval of...
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