SoftBank Vision Fund Archives

SoftBank plans Vision Fund job cuts after record net loss

SoftBank is considering layoffs at its flagship Vision Fund due to net losses
Reports $17.3-bn fall in Vision Fund's value, $6.1-bn forex loss

Muskaan BindraAugust 9, 2022

Credits: Business Standard SoftBank Group Corp CEO Masayoshi Son revealed on Monday that the company plans to lay off workers at its Vision Fund investing uni...

BusinessMarkets

SoftBank Vision Fund posts $26 bln loss; Son pledges defence

Srestha RoyMay 12, 2022

On Thursday, Japan's SoftBank Group Corp (9984.T) disclosed a record $26.2 billion loss at its Vision Fund investment arm, as increasing interest rates and poli...

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Man holding US Dollar bills. High angle view. Horizontal composition

Funding News: Polygon, ElasticRun, Xpressbees among others raised $1.5B in funding this week

BalrajFebruary 14, 2022

The second week of February attracted bigger funding than the first week of the month. This week, the Indian startup ecosystem picked up $1.5 billion through 50...

BusinessIndia NewsStartups

ElasticRun turns unicorn after raising $300M from Goldman Sachs, SoftBank

BalrajFebruary 8, 2022

ElasticRun, a kirana-focused business-to-business logistics, and commerce startup has turned India's seventh unicorn this year after raising $300 million in a n...

BusinessIndia NewsStartups

Hospitality unicorn OYO gets in-principle listing approval from NSE, BSE

BalrajJanuary 26, 2022

OYO, the Gurugram based hospitality unicorn, has obtained in-principal approval from both BSE and NSE to list its Rs 8,430 crore (~$1.2 billion) IPO on the resp...

BusinessIndia NewsStartups

OfBusiness bags $325 million in Series G round from Tiger Global, Softbank and others

BalrajDecember 21, 2021

OfBusiness, a raw material procurement, and SME lending firm, has secured $325 million in Series G funding round from Tiger Global Management, Alpha Wave Ventur...

BusinessIndia NewsStartupsTech

Juspay bags $60 million in Series C round led by SoftBank, others at $460 million valuation

BalrajDecember 16, 2021

Juspay Technologies, a frictionless digital payments startup, has secured $60 million in a Series C funding round backed by SoftBank Vision Fund 2 alongside exi...

BusinessIndia NewsStartupsTech

HR tech startup Sense bags $50 million in Series D round led by SoftBank Vision Fund 2

BalrajDecember 7, 2021

Sense, a global leader in AI-driven talent engagement and communication platform solutions for recruiting, announced a $50 million Series D funding round backed...

AIBusinessIndia NewsStartupsTech

Masayoshi Son, chairman and chief executive officer of SoftBank Group

Masayoshi Son says SoftBank is India’s largest foreign investor, having invested 10% in unicorns

BalrajDecember 5, 2021

Masayoshi Son, the founder of SoftBank Group, stated that he believes in India's bright future and the ambition of the country's young entrepreneurs. Courte...

BusinessIndia NewsStartupsTechTrending

Swiggy to invest $700 million in Instamart, aims $1 billion GMV in next 3 quarters

BalrajDecember 4, 2021

Swiggy, a food-tech startup, will invest $700 million in its quick grocery delivery service Instamart, as it expands its dark store network to make deliveries w...

BusinessIndia NewsStartupsTech