SoftBank Vision Fund: News
01 Oct 2024
OpenAISoftBank plans $500 million investment in ChatGPT creator OpenAI
SoftBank's Vision Fund is planning to drop a hefty $500 million into OpenAI, as per a report by The Information.
11 Aug 2024
OYO RoomsOYO raises around ₹1,460 crore in Series G funding round
OYO's parent company, Oravel Stays Ltd, has raised ₹1,457 crore in its latest funding round. This marks the conclusion of the Series G funding round for it.
17 Jun 2024
SoftBank GroupSoftBank forges strategic alliance with AI search engine Perplexity
SoftBank, the multinational conglomerate, has announced a strategic alliance with Perplexity, an AI search engine aiming to compete with Google.
16 Apr 2024
StartupsMeesho's $500M funding round attracts several VC firms
Indian e-commerce platform, Meesho, is reportedly drawing attention from several venture capital firms for its ongoing funding round.
25 Dec 2023
Initial Public Offering (IPO)SoftBank trims stake in IPO-bound FirstCry
SoftBank Vision Fund, a major shareholder in omnichannel retailer FirstCry, has sold more of its shares in the Pune-headquartered company.
09 Nov 2023
SoftBank GroupSoftBank reports $5.2bn loss in Q3, 4th straight red quarter
SoftBank Group has posted a $5.2 billion net loss for the quarter ending September, marking its fourth straight quarter in the red.
08 Aug 2023
SoftBank GroupSoftBank posts unexpected $3.3bn loss; Vision Fund unit records profit
SoftBank's Vision Fund investment arm reported a gain of just over $1 billion in the June quarter, marking a return to profitability after five quarters.
20 Dec 2022
SoftBank GroupSoftBank's investment in India falls 84% to $500mn in 2022
SoftBank Group has been a major contributor to the growth of India's tech start-up scene. The company has, however, cut its investments in the country by a whopping 84% year-over-year in 2022.
02 Aug 2021
Startups#FundingAlert: Unacademy raises $440 million, now valued at $3.4 billion
The ed-tech industry in India continues to boom amid the raging pandemic. And, now ed-tech start-up Unacademy has successfully raised $440 million in a new funding round led by Singapore's state-run Temasek Holdings.
13 Dec 2019
PaytmPaytm raises another $669.5 million from existing investors
Just a couple of weeks after raising a whopping $1 billion, One97 Communications, the parent of digital payments giant Paytm, has raised $669.5 million (roughly Rs. 4,724 crore) in another round of funding.
25 Nov 2019
IndiaPaytm raises $1 billion, becomes most valued Indian start-up
One97 Communications, a Noida-based company that owns digital payments platform Paytm, has raised around $1 billion in a recent funding round.
07 Oct 2019
IndiaOYO raising $1.5 billion from founder Ritesh Agarwal, SoftBank, others
In a major development, India's second most valuable start-up, OYO Hotels & Homes, has confirmed its plan to raise $1.5 billion in fresh funding.
25 Sep 2018
IndiaOYO Rooms raises $1bn, enters unicorn club
Budget hotel chain OYO Rooms has entered India's unicorn club, having raised a whopping $800mn in a round led by Japan's Softbank Vision Fund.
16 Aug 2018
OYO RoomsOYO looking to raise $1bn, valuation might cross $4bn
It seems that budget hotel network OYO Rooms is getting ready for yet another round of funding, and is reportedly looking to raise an amount between $500mn to $1bn.
03 Apr 2018
IndiaPaytm Mall raises Rs. 3,000 crore from SoftBank, Alibaba
According to documents filed with the Ministry of Corporate Affairs, online retail firm Paytm Mall has raised nearly Rs 3,000 crore from Japan's SoftBank and its existing investor Alibaba in new round of funding.
10 Aug 2017
FlipkartSoftBank buys stake in Flipkart, becomes its largest shareholder
Flipkart just announced that it has received a mix of primary and secondary capital from the SoftBank Vision Fund.
06 Jun 2017
IndiaSoftBank's $100b fund is seeking investors for the remaining $7b
According to reports, Masayoshi Son-led SoftBank Group Corp is now in talks with the Canadian and Middle Eastern investors to raise the $7 billion, which is needed to complete the $100 billion SoftBank Vision Fund.
16 Oct 2016
JapanSoftBank putting together a mammoth tech investment fund
Japan's SoftBank Group announced setting-up of a fund to invest as much as $100 billion in technology focused ventures, over the next five years.