SoftBank Group
- Trends
GoMechanic’s demise following the failure of the SoftBank-Khazanah financing
After more than a year of sporadic conversations, SoftBank is rumored to have withdrawn from a funding transaction in the…
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SoftBank Cuts Oyo Valuation To $2.7 Billion: Report
SoftBank Cuts Oyo Valuation to $2.7 Billion: Report SoftBank, led by Masayoshi Son, has led Oyo’s internal valuation Ritesh Agarwal,…
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OYO’s valuation climbs again — hits $9 billion after its latest fundraise of $7 million
With lockdown completing one year this March, it’s time we acknowledge how we have been caged at our homes for…
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India’s Oyo furloughs thousands of employees as revenue drops by over 50%
Oyo has placed thousands of employees on leave and furloughs for up to three months in the U.S. and several…
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SoftBank reportedly balks at commitment to buy $3B in shares from WeWork shareholders
The Wall Street Journal is reporting that SoftBank Group is using regulatory investigations as a way to back out of…
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SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally
Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup…
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Latin America roundup: SoftBank adds $1B, Stori raises $10M and Grow Mobility puts on the brakes
Sophia Wood Contributor Sophia Wood is a Venture Partner at Magma Partners. Sophia is also the co-founder of LatAm List,…
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Karius raises $165 million for its liquid biopsy technology identifying diseases in a drop of blood
“What Karius is good at is identifying those novel microbes before they become an outbreak like coronavirus,” says Mickey Kertesz,…
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Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million
Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain…
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