From its beginnings during dotcom bubble as a mobile value added services company, to becoming the fastest-growing payments players in the country, Vijay Shekhar Sharma’s One 97 Communications has become one of the most valued digital companies in India with mobile wallet brand Paytm. Now w…
Tag: Masayoshi Son
Oyo in talks with SoftBank for upto $500 mn raise, eyes unicorn club
Mumbai: Budget hotel aggregator Oyo Rooms is in talks with Japan’s SoftBank -an existing investor -for a $500million round of financing, which is expected to catapult it into the so-called unicorn club, comprising tech startups that are valued at $1 billion or more, according to three peopl…
SoftBank’s investments in India may surpass $10 billion
Having made a string of technology investments in India, Japanese telecom and Internet giant SoftBank has said its investments in the country will top $10 billion in 5-10 years. SoftBank, which owns one of Japan’s biggest mobile carriers and a controlling stake in US-based Sprint Corp, will…
Modi to unveil Action Plan for Start-up India on Jan 16
The government will kick-start the “Start-Up India, Stand-Up India” initiative with Prime Minister Narendra Modi unveiling the Start-up Action Plan on January 16. This will be a government’s New Year gift to “young people” who want to set up new businesses or innovative projects, highlighting th…