Wednesday, 19 January, 2022
TopicSoftBank Group

Topic: SoftBank Group

Adani Green buys SoftBank Energy India as it aims to be world’s largest clean energy supplier

The deal moves Adani Green closer to its goal of having 25 gigawatts of renewable power capacity by 2025.

Week after closing $800 mn funding, Swiggy set to raise $450 mn more, this time from SoftBank

SoftBank Group is likely to invest in Swiggy at $5.5 billion valuation. The financing is said to be awaiting approval from regulators.

‘Absolutely untrue’ – Oyo’s Ritesh Agarwarl denies bankruptcy claim after Rs 16 lakh claim

Oyo, one of the larger startups in the SoftBank Group’s portfolio, was struggling to restructure and whittle down loss-making operations even before the pandemic obliterated travel.

Now, SoftBank is considering bidding for TikTok in India in league with Jio & Airtel

TikTok is considering selling its operations in several countries after local govts shut out the app, in fears that sensitive user data was being shared with the Chinese state.

Policybazaar set to become first Indian digital start-up to go public as it plans 2021 IPO

Policybazaar plans to secure about $250 million in a round of financing at a $2 billion-plus valuation before a September 2021 initial public offering.

Sandeep Mathrani, WeWork’s new CEO says he has ‘plenty of luck’. He’ll need it

Sandeep Mathrani is a fixture in the clubby world of commercial real estate, but he also has some experience working with start-ups.

Grofers gets $200 million funding from SoftBank & others

The new investment from SoftBank comes after its other venture Uber Technologies made a $3 billion operating loss last year.

Why Bhavish Aggarwal of Ola turned down a $1.1 billion SoftBank deal

Aggarwal has grown concerned about SoftBank's influence as it took a stake in his archrival Uber and then encouraged the rivals to merge.

SoftBank’s Masayoshi Son explained in his own words. About 3,03,513 of them

Ahead of Q1 results, an analysis of Son's comments from previous briefings to see how his focus has changed and what may lie ahead.

On Camera

YourTurn

How England’s dying industrial towns became the West’s largest jihad factory

Malik Faisal Akram had no known affiliation with jihadist groups. Ideas that led him to take hostages in a Texas synagogue seeped into his mind almost by osmosis.

NTPC looks to coal imports to avoid new power crunch

India’s largest electricity producer is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand.

Defence

File photo of IAF drone seen flying in Leh on 18 Nov 2020 | ANI

Indian firm gets foothold in prized global ‘kamikaze’ and armed drones market

Global demand for loitering munition & armed drones saw a jump after Azerbaijan was able to defeat superior Armenian armed forces in 2020 with the help of these systems.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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