NewsLenskart becomes 25th Indian unicorn with fresh investment from SoftBankThis is SoftBank Vision Fund II’s maiden investment in India. 2 mins read
Lightspeed Venture Partners and Sequoia Capital held about 13% and 11% stake, respectively in Oyo. NewsLightspeed and Sequoia executives raked in huge profits after partial Oyo exit2 mins read
The implementation of AI and IoT will feature smart cluster and traffic management. NewsSoftbank and Tencent investor Lippo Group collaborate on AI and IoT for property development1 min read
Ola Money offers services such as credits, short-term loans, and insurances. NewsOla to let its financial service branch Ola Money to fly solo2 mins read
Oyo claims to be the world’s third-largest hotel chain with roughly 1 million rooms, including vacation homes. NewsIndia’s Oyo gets board nod to raise USD 1.5 billion amid mounting losses4 mins read
The Japanese investment firm has asked its portfolio companies, including the ones in India, to aim at profits. NewsSoftBank institutes IPO clause for investing in Indian payment unicorn Paytm2 mins read
Snapdeal is betting big on India’s tier 2 and 3 market to realize greater ambitions. NewsSoftBank might pour USD 100 million into Indian marketplace Snapdeal3 mins read
While ShareChat is yet to find a revenue model, ByteDance has posted its maiden profit in India. NewsByteDance India posts profit while Indian rival ShareChat reels under losses4 mins read
Over 35% of the e-grocer’s total sales are from early-stage consumer brands. NewsIndian online grocer BigBasket to pick up equity in young consumer brands2 mins read