Another Indian Unicorn saw $2 billion fund raising on Monday. Ola- India’s ride hailing company raises $2 billion from SoftBank Group Corp and Tencent Holdings Ltd, another high profile funding in this year after Flipkart which competes with Amazon. Although as per the Bloomberg’s report the amount is not fixed for now and can change in […]
San Francisco based Slack Technologies Inc. raises $250 million funding round led by SoftBank Group Corp.’s Vision Fund, valuing the startup at $5.1 billion. According to the reports, Slack will be utilising the funds for expansion in an increasingly competitive market for workplace messaging services. The Vision Fund was joined by Accel and other investors, Slack […]
SoftBank’s CEO Masayoshi Son’s younger brother Taizo Son, has also decided to dive in the startup ecosystem in India.
After having invested multibillion dollars in companies as diverse as the graphics chip maker Nvidia, an artificial intelligence software maker and an indoor farming start-up, SoftBank has chosen WeWork, a fast growing co-working spaces startup. This investment will accelerate WeWork’s ability to connect more people to WeWork’s global community, which currently stands at approximately 150,000 members, […]
After investing big in Flipkart, Paytm and Ola, SoftBank Group Corporation is looking to invest in another startup Rivigo Services, a transport logistics provider an amount of around $100 million as per the sources aware of the discussions.
Indian ecommerce giant Flipkart has raised a record breaking funding of at least $2.5 billion from SoftBank Vision Fund, making its rival Amazon a huge blow and claiming its dominance in the market. The latest round of funding takes Flipkart’s cash reserves to more than $4 billion. Although, Flipkart didn’t disclose the amount, but said […]
SoftBank Vision Fund is in talks with India’s Flipkart Online Services Pvt. Ltd to invest $1.5 billion to $2 billion, according to a latest report by Reuters.
Chinese startup Ofo is in talks to raise $1 billion in a new funding round led by Japan’s SoftBank Group, people familiar with the matter said, in what would be the largest fund-raising in the nation’s bike-sharing business. Didi Chuxing, China’s biggest ride-hailing firm which counts SoftBank as an investor, could join Ofo’s new fundraising […]
Co-working space WeWork is all set to launch its Chinese unit after it raised $500 million from Hony Capital and SoftBankGroup, one of China’s largest private-equity firms. WeWork will tap into booming demand for shared office space in the world’s second-largest economy. With the funds raised, it will expand its services to at least 5 other locations in […]
Plenty, the leading field-scale indoor farming company remaking the global food system, announced today a $200 million Series B funding round led by the SoftBank Vision Fund, making it the largest agriculture technology investment in history. Other participants in the round include existing backers such as DCM Ventures and funds that invest on behalf of […]
SoftBank Group Corp. is in talks to invest in a STEM education and robotic startup Makebloc as per the sources said. Makeblock is looking to raise about $60 million in a series C round by the end of the year 2017 with a target to double its valuation to $400 M. The figures are preliminary […]
SoftBank Group Corp said on Wednesday it was taking a significant minority stake in OSIsoft LLC, a privately held maker of industrial software used to manage plants and factories. The world’s largest industrial companies, from General Electric Co to Siemens AG, have been incorporating more software into their manufacturing to cut costs and improve their […]