Softbank

Juspay raises $60 million funding led by Kedaara Capital

Juspay raises $60 million funding led by Kedaara Capital

07 Apr 2025, 17:24 PM

Existing investors Softbank and Accel Partners also participated in this round.

Paytm sells stake in Japan

Paytm sells stake in Japan's PayPay to SoftBank for Rs 2364 crore

07 Dec 2024, 23:38 PM

One97 Communications Singapore (Paytm Singapore), has approved sale of stock acquisition rights (SARs) held in PayPay Corporation for Rs 2,364 crore.

SoftBank-funded OfBusiness hires top bankers for IPO in 2025

SoftBank-funded OfBusiness hires top bankers for IPO in 2025

21 Nov 2024, 18:05 PM

The B2B marketplace and fintech lender OfBusiness has appointed Axis Capital, Morgan Stanley, JPMorgan, Citigroup and Bank of America for its $1 billion IPO.

Rajeev Misra steps down as co-chief of SoftBank Vision Fund

Rajeev Misra steps down as co-chief of SoftBank Vision Fund

13 Nov 2024, 15:09 PM

Alex Clavel will assume sole leadership as chief executive of both SoftBank Group Corp.’s Vision Fund and SoftBank Global Advisers.

Fintech Highlights

  1. Pine Labs to rope in Avendus executive as CFO

  2. MobiKwik enters stock broking business

  3. Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

  4. At a Glance: Fintechs rule personal loan volume, but bank-like on gender thinking

  5. American Express to discontinue Amex Pay from July 31
  6. Read more highlights...

AI/Emerging Tech

  1. Sutskever steps into CEO role at own startup after Meta poaches Daniel Gross

  2. Elon Musk's xAI raises $10 billion to boost Grok platform

  3. Amazon introduces new generative AI model as it deploys 1 millionth robot

  4. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  5. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case