Explore the latest news, in-depth reports, and executive analysis tagged with #Softbank.
The SoftBank-backed company's net profit, however, rose 21% increase to Rs 724 crore in FY26 from Rs 597 crore in FY25.
The funding round saw participation from Claypond, Sentinel Global, Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, and Y Combinator.
New-age startup IPO class faces a reality check. Stocks have stumbled, yet early investors are cashing out.
SoftBank co-led the round with a16z, D. E. Shaw Ventures, MGX, TPG, and accounts advised by T. Rowe Price Associates.
The Sam Altman-led AI startup also said that additional investors are expected to join as the round progresses.
This could push OpenAI's valuation to roughly $830 billion.
This funding round comes less than a year after it had attracted $60 million led by Kedaara Capital in April last year.
The funding round saw participation from Prosus, Lightspeed, Together, and Y Combinator.
In this edition, we look at how Paytm's investor ledger is the most powerful case study; and how VCs are chasing a new segment in the AI space, thanks to Dunzo's Kabeer Biswas.
The venture capital firm continues to hold over a 13% stake, which is valued at over Rs 11,000 crore, in Paytm.
Not surprisingly, the sale sparked fears of an AI bubble as it hit Nvidia’s stocks.
Like every tech IPOs that we are seeing this year, Meesho's public offer is going to a big event for the exit starved venture capital investors.
The acquisition is expected to close in mid-2026 or later that year.
The shares were bought by investors including SoftBank, Dragoneer Investment Group, Thrive Capital, MGX, and T. Rowe Price.
The Stargate Project was a new company announced by OpenAI earlier in January that planned to invest $500 billion over the next four years to build new AI infrastructure.
Thrive Capital and Dragoneer Investment Group are the other two investors which may buy shares from the ChatGPT maker's employees.
Existing investors Softbank and Accel Partners also participated in this round.
One97 Communications Singapore (Paytm Singapore), has approved sale of stock acquisition rights (SARs) held in PayPay Corporation for Rs 2,364 crore.
The B2B marketplace and fintech lender OfBusiness has appointed Axis Capital, Morgan Stanley, JPMorgan, Citigroup and Bank of America for its $1 billion IPO.
Alex Clavel will assume sole leadership as chief executive of both SoftBank Group Corp.’s Vision Fund and SoftBank Global Advisers.
