Softbank

Paytm sells stake in Japan

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

07 Dec 2024, 19:08 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, 13:35 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, 10:39 AM

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

Fintech Hightlights

  1. Mobikwik secures Rs 257.4 crore from anchor investors ahead of IPO

  2. Mintifi raises $180 million funding at $850 million valuation

  3. Digital lender Avanti Finance raises $14.2 million from Dia Vikas Capital, others

  4. Education-focussed lender Varthana raises $15 million from BlueOrchard

  5. Digital lender CASHe reports 95% dip in FY24 profit
  6. Read more highlights...

Editor's Pick

  1. [Update]: LazyPay clarifies buy-now-pay-later service halt to merchants

  2. Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama

  3. Inside Paytm: The power struggle between Vijay Shekhar Sharma and Bhavesh Gupta