NEW DELHI: Securities and Exchange Board of India (Sebi) has approved eyewear retailer Lenskart's draft red herring prospectus (DRHP) to launch its initial public offering (IPO), marking the way for…
NEW DELHI: Big investors including Norway's sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy's India IPO, 25 times the $605-million portion reserved…
MUMBAI: Edtech startup Eruditus has raised a fresh $150 million in funding led by TPG even as the collapse of India’s biggest edtech startup Byju’s continues to deter investors from…
Ola Electric Mobility, backed by SoftBank, witnessed a 10% increase in its shares during its trading debut on Friday. The company's valuation reached 369.45 billion rupees ($4.40 billion), marking the…
MUMBAI: SoftBank’s Vision Fund 1 has recorded a gross loss of $544 million on its $1.6-billion investment in Paytm, the Japanese tech investment giant said on Wednesday. SoftBank, which held…
A two-day wipeout in shares of SoftBank Group Corp. has cut $2.5 billion off the fortune of its founder Masayoshi Son, as the tech investor is buffeted by the Bank…
MUMBAI: SoftBank has cut its stake in Paytm to under 1%, the fintech said in an exchange filing on Friday. The Masayoshi Son-led Japanese investment giant, which had infused over…