Neo bank Open has raised $100 million as part of its Series C round of funding, led by Google, Temasek, Visa, and #Japan’s #SoftBank Investments and now the company values at $500 million.
Priyanka Iyer ✍️
Read the full story at ⤵️
https://www.moneycontrol.com/news/business/startup/neo-bank-open-raises-100-million-led-by-google-temasek-visa-and-japans-softbank-investments-7574111.html?utm_source=telegram&utm_medium=social
Priyanka Iyer ✍️
Read the full story at ⤵️
https://www.moneycontrol.com/news/business/startup/neo-bank-open-raises-100-million-led-by-google-temasek-visa-and-japans-softbank-investments-7574111.html?utm_source=telegram&utm_medium=social
Moneycontrol
Neo bank Open raises $100 million led by Google, Temasek, Visa, and Japan’s SoftBank Investments
This funding round values Open at $500 million and sets up the company to achieve the unicorn status in the course of the next year. Moneycontrol learns that Open may consider raising another round of funds in the next six months.
#ICYMI: Neo bank Open has raised $100 million as part of its Series C round of funding, led by Google, Temasek, Visa, and #Japan’s #SoftBank Investments and now the company values at $500 million.
Priyanka Iyer ✍️
Read at ⤵️
https://moneycontrol.com/news/business/startup/neo-bank-open-raises-100-million-led-by-google-temasek-visa-and-japans-softbank-investments-7574111.html?utm_source=telegram&utm_medium=social
Priyanka Iyer ✍️
Read at ⤵️
https://moneycontrol.com/news/business/startup/neo-bank-open-raises-100-million-led-by-google-temasek-visa-and-japans-softbank-investments-7574111.html?utm_source=telegram&utm_medium=social
Moneycontrol
Neo bank Open raises $100 million led by Google, Temasek, Visa, and Japan’s SoftBank Investments
This funding round values Open at $500 million and sets up the company to achieve the unicorn status in the course of the next year. Moneycontrol learns that Open may consider raising another round of funds in the next six months.
#EXCLUSIVE ⚡️ SoftBank has actively invested over $10 billion in Indian new-age companies and is set for bumper returns 💰
Nisha Poddar caught up with SoftBank Investment Advisers' Munish Varma to gauge #SoftBank’s 2.0 India strategy!
"We always expect good returns from our Indian investments," Varma said. Read the full interview at https://www.moneycontrol.com/news/interview/exclusive-we-continue-to-be-very-excited-about-india-softbanks-munish-varma-7728041.html?utm_source=telegram&utm_medium=social
Nisha Poddar caught up with SoftBank Investment Advisers' Munish Varma to gauge #SoftBank’s 2.0 India strategy!
"We always expect good returns from our Indian investments," Varma said. Read the full interview at https://www.moneycontrol.com/news/interview/exclusive-we-continue-to-be-very-excited-about-india-softbanks-munish-varma-7728041.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive | We Continue To Be Very Excited About India: SoftBank's Munish Varma
Munish Varma, Managing Partner, SoftBank Investment Advisers, speaks on SoftBank’s 2.0 India strategy.
#MCExclusive ⚡️ SoftBank Group Corp. has actively invested over $10 billion in Indian new-age companies, and is set for bumper returns with #PolicybazaarIPO & #PaytmIPO.
Nisha Poddar caught up with Munish Varma to gauge the #SoftBank’s 2.0 India strategy 🔻
https://www.moneycontrol.com/news/business/exclusive-if-our-portfolio-companies-perform-market-will-reward-them-softbank-7727851.html?utm_source=telegram&utm_medium=social
Nisha Poddar caught up with Munish Varma to gauge the #SoftBank’s 2.0 India strategy 🔻
https://www.moneycontrol.com/news/business/exclusive-if-our-portfolio-companies-perform-market-will-reward-them-softbank-7727851.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive | If Our Portfolio Companies Perform, Market Will Reward Them: SoftBank
Japanese conglomerate SoftBank has actively invested over $10 billion in Indian new-age companies, and is set for bumper returns with two of its large portfolio companies Policybazaar & Paytm rolling out their IPO. Nisha Poddar caught up with Munish Varma…
#SoftBank is India’s biggest foreign investor, its founder Masayoshi Son said, indicating the company's commitment to funding Indian companies in the past and in the future.
Read at
https://www.moneycontrol.com/news/business/softbank-is-indias-biggest-foreign-investor-masayoshi-son-says-7788201.html?utm_source=telegram&utm_medium=social
Read at
https://www.moneycontrol.com/news/business/softbank-is-indias-biggest-foreign-investor-masayoshi-son-says-7788201.html?utm_source=telegram&utm_medium=social
Moneycontrol
SoftBank is India’s biggest foreign investor, Masayoshi Son says
Amid India’s biggest startup funding boom yet, SoftBank has invested $3 billion in Indian internet companies this year alone
Unicommerce, a fully owned subsidiary of IPO-bound Snapdeal, has raised investment from #Softbank for around 30% stake, reports Priyanka Sahay.
Read at
https://www.moneycontrol.com/news/business/startup/ahead-of-its-ipo-snapdeal-sells-30-in-subsidiary-unicommerce-to-softbank-7831481.html?utm_source=telegram&utm_medium=social
Read at
https://www.moneycontrol.com/news/business/startup/ahead-of-its-ipo-snapdeal-sells-30-in-subsidiary-unicommerce-to-softbank-7831481.html?utm_source=telegram&utm_medium=social
Moneycontrol
Ahead Of Its IPO, Snapdeal Sells 30% In Subsidiary Unicommerce To Softbank
Snapdeal recently made an offline foray with plans to set up partner stores across the country. The first Snapdeal partner store will be launched in January
#StartUpWithMC | Domestic businesses& HNIs have invested in @snapdeal ahead of its #IPO, buying out Chinese giant #Alibaba from the New Delhi-based e-commerce firm amid heightened scrutiny of bets originating from the East Asian country
Read at
https://www.moneycontrol.com/news/business/startup/local-businesses-hnis-pile-into-bourse-bound-snapdeal-as-alibaba-exits-the-firm-7881891.html
#Softbank
Read at
https://www.moneycontrol.com/news/business/startup/local-businesses-hnis-pile-into-bourse-bound-snapdeal-as-alibaba-exits-the-firm-7881891.html
#Softbank
Moneycontrol
Local businesses, HNIs pile into bourse-bound Snapdeal, as Alibaba exits the firm
The development comes after India subjected Chinese investments to extra scrutiny last year after their soldiers clashed on the border and New Delhi worried about investors from the neighbour doing opportunistic takeovers during the pandemic.
#MCExclusive | E-commerce logistics firm Delhivery may delay its #IPO by a few weeks amid a highly volatile market, at least three people familiar with the development told Moneycontrol
Chandra R. Srikanth reports at
https://www.moneycontrol.com/news/business/companies/exclusive-softbank-backed-delhivery-may-delay-planned-ipo-amid-choppy-market-conditions-7992881.html
#DelhiveryIPO #SoftBank
Chandra R. Srikanth reports at
https://www.moneycontrol.com/news/business/companies/exclusive-softbank-backed-delhivery-may-delay-planned-ipo-amid-choppy-market-conditions-7992881.html
#DelhiveryIPO #SoftBank
Moneycontrol
EXCLUSIVE | SoftBank-backed Delhivery may delay planned IPO amid choppy market conditions
Delhivery on November 2, 2021 filed its documents with the market regulator, seeking to raise a billion dollars in an initial public offering (IPO), at a valuation of around $6 billion.
#MCExclusive ⚡️ India’s top babycare & kids retailer #Softbank backed FirstCry is taking baby steps for its D-street debut and has appointed Kotak and Morgan Stanley for a mega 2022 #IPO to raise more than a $1bn, reports Ashwin Mohan.
Read at 👇
https://www.moneycontrol.com/news/business/ipo/softbank-backed-firstcry-takes-baby-steps-towards-over-1-billion-ipo-appoints-kotak-morgan-stanley-8131711.html?utm_source=telegram&utm_medium=social
Read at 👇
https://www.moneycontrol.com/news/business/ipo/softbank-backed-firstcry-takes-baby-steps-towards-over-1-billion-ipo-appoints-kotak-morgan-stanley-8131711.html?utm_source=telegram&utm_medium=social
Moneycontrol
Softbank-backed FirstCry takes baby steps towards over $1-billion IPO, picks Kotak, Morgan Stanley
Pune-based FirstCry was founded in 2010 by Supam Maheshwari and Amitava Saha. It competes with Hopscotch and Kids Stop Press in the online segment and became a unicorn post raising around $296 million from largest shareholder Softbank in 2020.
#Breaking | #MCExclusive ⚡️ Top executives of Japanese investment behemoth #SoftBank will be stepping down from their board positions at #Paytm and #PBFintech, months after the companies went public in India.
Read: https://www.moneycontrol.com/news/business/companies/exclusive-softbanks-top-executives-to-step-down-from-paytm-and-pb-fintech-boards-today-8233051.html?utm_source=telegram&utm_medium=social
Read: https://www.moneycontrol.com/news/business/companies/exclusive-softbanks-top-executives-to-step-down-from-paytm-and-pb-fintech-boards-today-8233051.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive: SoftBank's Munish Varma to step down from Paytm and PB Fintech boards today
The move is in line with SoftBank's move globally to step away from board positions after its portfolio companies go public
#StartUpsWithMC: Japan’s #SoftBank Group, will be cutting its #investments to a fourth in 2022 from a year earlier as valuations of high-growth #technology firms have plummeted globally.
Read on 👇
https://www.moneycontrol.com/news/business/startup/softbank-will-cut-investments-to-a-fourth-in-2022-as-tech-shares-plunge-globally-8496511.html?utm_source=telegram&utm_medium=social
Read on 👇
https://www.moneycontrol.com/news/business/startup/softbank-will-cut-investments-to-a-fourth-in-2022-as-tech-shares-plunge-globally-8496511.html?utm_source=telegram&utm_medium=social
Moneycontrol
SoftBank will cut investments to a fourth in 2022 as tech shares plunge globally
Compared to last year, the amount of new investment will be half or could be as small as a quarter, said the conglomerate's billionaire CEO Masayoshi Son
#MCTech3 : Top #tech and #startup news this evening
✳️ #SoftBank to sell shares worth $215 mn in Paytm
✳️ #PMModi says red carpet, not red tape for investors
✳️ #AnandLunia is not happy with #edtech founders
Sign up for the newsletter 👇🏻
https://bit.ly/3X65b3a
✳️ #SoftBank to sell shares worth $215 mn in Paytm
✳️ #PMModi says red carpet, not red tape for investors
✳️ #AnandLunia is not happy with #edtech founders
Sign up for the newsletter 👇🏻
https://bit.ly/3X65b3a
Moneycontrol
Tech 3 | SoftBank to sell shares worth $215 mn in Paytm, PM Modi says red carpet, not red tape for investors; and more
In today's Tech3 newsletter, SoftBank to sell part of its stake in Paytm; India is now known for red carpet for investors, says Modi
#MCTech3: Top #tech and #startup news this evening
✳️ A giant leap for Indian #space
✳️ Govt floats new #DataProtectionBill
✳️ #Masayoshi Son owes billions to #SoftBank
Sign up for the newsletter 👇🏻
https://bit.ly/3gbHFRW
✳️ A giant leap for Indian #space
✳️ Govt floats new #DataProtectionBill
✳️ #Masayoshi Son owes billions to #SoftBank
Sign up for the newsletter 👇🏻
https://bit.ly/3gbHFRW
Moneycontrol
Tech 3 | A giant leap for Indian space; Twitter's uncertain future; and more
In today's Tech3 newsletter, India’s first private rocket makes successful launch; govt releases draft data protection bill
#MCTech3: Top #tech and #startup news this evening
✳️ #SoftBank’s steep cut
✳️ #CoinSwitch’s wealth pivot
✳️ #Wipro arm eyes D2C startup bets
Sign up for the newsletter 👇🏻
https://bit.ly/3WONsfV
✳️ #SoftBank’s steep cut
✳️ #CoinSwitch’s wealth pivot
✳️ #Wipro arm eyes D2C startup bets
Sign up for the newsletter 👇🏻
https://bit.ly/3WONsfV
Moneycontrol
Tech 3 | SoftBank's steep cut; CoinSwitch's wealth pivot; and more
In today's Tech3 newsletter, SoftBank's India investments plummet 84% in 2022; CoinSwitch seeks to be a one-stop investment platform
#StartupsWithMC | According to experts, the new tax provision could severely dent #startup investments in the country by foreign investors such as #SoftBank, #TigerGlobal, #AlphaWave and #Sequoia.
Read Here 👇🏻
https://bit.ly/3I8IDbl
Read Here 👇🏻
https://bit.ly/3I8IDbl
#IPOWithMC | #SoftBank offloads $310 million worth of shares in FirstCry ahead of IPO!
SoftBank's prior #investment of $400 million had pegged #FirstCry's enterprise valuation at $900 million.
Here's more👇
https://www.moneycontrol.com/news/business/ipo/softbank-sells-shares-worth-310-million-in-firstcry-11953381.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
SoftBank's prior #investment of $400 million had pegged #FirstCry's enterprise valuation at $900 million.
Here's more👇
https://www.moneycontrol.com/news/business/ipo/softbank-sells-shares-worth-310-million-in-firstcry-11953381.html?utm_medium=social&utm_source=telegram&utm_campaign=regular-editorial
Moneycontrol
SoftBank sells shares worth $310 million in FirstCry ahead of IPO
As per the report, the sale values FirstCry in the range of $3.5-3.75 billion. SoftBank had invested $400 million in FirstCry at an enterprise valuation of $900 million.