Softbank

Tuesday, Apr 23, 2024 | Last Update : 09:22 PM IST

ARM has a significant market share in network infrastructure, mobile computing processors, vehicles, and energy-efficient servers. (Photo | Flickr - Socram8888)

Tech This Week | With ARM in kitty, Nvidia most impressive firm you never heard of

This deal is going to serve as an important development in the chip war being waged between the US and China.

19 Sep 2020 8:01 PM

Vietnam-based startups made up 18 percent—or $741 million—of the capital invested in Southeast Asia in 2019, up from four percent in 2018, according to a report by Cento Ventures.

Vietnam's huge pool of software engineers makes Ho Chi Minh City a startup hotspot

Vietnamese e-commerce and e-payment companies have been “flooded” with private equity in the past couple of years.

12 Jul 2020 8:48 PM

Startup community stares at fund crunch in absence of venture capital, reinvents businesses to survive economic slowdown. (AFP Photo)

Start-ups get creative as coronavirus crisis fuels funding crunch, reinvents businesses to survive economic slowdown

A group of the top venture firms warned startups this month that it will be “very difficult” to raise financing anytime soon

11 May 2020 3:01 PM

The director general of investigation at India’s Income tax department could not be immediately reached for comment.

Tax officials conduct surprise search at SoftBank-backed Oyo

In November, internal projections showed Oyo’s India business will likely make losses until 2021.

11 Jan 2020 11:03 AM

A SoftBank representative in India did not immediately respond to an email request from Reuters for comment.

SoftBank in talks to sell stake in Indian renewable energy venture: report

SoftBank is facing renewed investor scrutiny after it was forced to bail out one of its best known portfolio companies.

09 Jan 2020 12:32 PM

The company expects its Paytm Inbox service to accelerate the growth as it has garnered 27 million monthly active users and expects additional 60-70 million new customers to come on board by end of the current fiscal year.

Paytm to invest Rs 750 cr to reach 250 million monthly active users by March

Paytm currently has a monthly active user base of around 140 million.

16 Aug 2019 10:24 AM

SoftBank has come under increasing US scrutiny over its ties to Chinese firms in the face of an escalating trade and technology war between Washington and Beijing.

US clears SoftBank's USD 2.25 billion investment in GM-backed Cruise

The approval unlocks a seat for SoftBank on Cruise’s board, formalising its oversight, and cements key financing for Cruise.

06 Jul 2019 11:39 AM

It has been previously reported that Grofers valuation stood at USD 600 million.

Grofers raises USD 200 mn led by SoftBank Vision Fund for market expansion

This represents the largest primary financing round in the online grocery sector in India, Grofers said in a statement.

15 May 2019 6:14 PM

Founded in 2011, BigBasket operates in 25 Indian cities.

BigBasket to invest USD 100 mn to set up vending machines, distribution points

The company is investing in setting up unmanned vending machines - BB Instant - in office and apartment complexes.

28 Apr 2019 6:15 PM

Despite internet coverage gaps in rural areas or during natural disasters, mobile network operators, governments and other potential customers have yet to demonstrate much enthusiasm for buying skyborne technologies.

SoftBank, Alphabet to put cellphone antennas in the sky

Loon carries the gear with a large balloon, while HAPSMobile uses a large drone.

25 Apr 2019 9:43 AM

Both Reliance and SoftBank spokespersons declined to comment on the matter.

Softbank investing in Jio as Mukesh Ambani deleverages business

Softbank is reportedly looking to make a USD 2-3 billion investment in India's fastest-growing telecom firm RJio.

24 Apr 2019 8:51 AM

India is a critical market for social media platforms given the large population of 1.3 billion people.

TikTok's parent ByteDance plans USD 1 bn investment in India in next 3 years

The company would also be increasing the number of employees in India to 1,000 people by the end of this year.

19 Apr 2019 4:05 PM

Uber is also seeing growing success with an "Eats" service that lets drivers make money delivering meals ordered from restaurants. (Photo: AP)

Uber wins USD 1 billion investment from Toyota, SoftBank fund

Toyota has already invested USD 500 million in Uber as the firm races Google-owned Waymo.

19 Apr 2019 9:48 AM

OYO Hotels and Homes operates hotels, homes and living spaces with footprints in more than 500 cities across 10 countries.

OYO forms JV with Softbank to launch hotel operations in Japan

OYO Hotels Japan offers various values for owners such as dynamic pricing and reservation systems.

04 Apr 2019 1:17 PM

Nvidia said at a conference in San Jose, California, that it has created a “pod” of its graphics cards that can support up to 10,000 gamers streaming games at once.

Nvidia partners with Softbank to deploy cloud gaming servers in Japan

Nvidia makes graphics chips for PCs and laptops that help video games look more realistic.

19 Mar 2019 10:40 AM

Last year the startup received a 500 million yen (USD 4.50 million) investment from SoftBank Corp.

SoftBank-backed Japanese startup Uhuru considering London listing

Uhuru, a name which means freedom in Swahili, currently has only three staff in London.

11 Mar 2019 5:37 PM

Shares of Indiabulls Housing Finance were trading 4.98 per cent lower at Rs 620.25 apiece on BSE.

Softbank invests Rs 2,800 cr in Indiabulls Housing Fin's associate OakNorth

The current loan book of OakNorth is Rs 21,390 crore and the bank has no delinquencies as on date.

08 Feb 2019 11:04 AM

The year-earlier figure used previous accounting standards.

SoftBank Group's third-quarter profit leaps 60 pc, beating estimates

SoftBank’s operating profit in the Oct-Dec quarter was 438.3 billion yen versus 274 bn yen a year earlier.

06 Feb 2019 12:47 PM

In early exchanges, shares in SoftBank Corp were down 7.6 per cent at 1,183 yen as heavy selling dominated at the opening bell.

Shares in SoftBank mobile unit rebound after earlier plunge

The shares were 8.3 per cent down at their lowest point -- 22 per cent below the IPO price.

20 Dec 2018 1:37 PM

Ola has been aggressively ramping up its ride hailing platform and food delivery operations. (Photo: AP)

SoftBank, other investors, keen to pump up to USD 1 billion in Ola

Company saw its consolidated total income rising over 70 per cent to Rs 1,380.7 cr as against Rs 810.7 cr.

04 Dec 2018 6:20 PM

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Aakar Patel

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