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Early Diwali at Ola, gets $1.1 bn funding, another $1 bn in pipeline

The company did not disclose the valuations at which funds were raised. Transportation app Ola said on Wednesday it has raised $ 1.1 billion in funding led by Tencent Holdings and is in "advanced......

'My job is not to represent the world; my job is to represent the United States of America'

The following is the full text of US President Donald Trump’s first address to a joint session of the Congress on February 28, as prepared for delivery and released by the White House press......

SoftBank willing to fund Ola, but with a rider

Growing the number of electric vehicles on Ola’s platform is part of the terms SoftBank has put forth for the funding Ola, the country’s largest taxi hailing company, has been mandated......

The other Son

Taizo Son, SoftBank founder Masayoshi Son's youngest brother, is also planning to enter India. Alnoor Peermohamed and Raghu Krishnan find out more about his plans. The elder Son, SoftBank's......

Can Flipkart 2.0 beat Amazon?

After raising $2.5 billion from SoftBank's Masayoshi Son and his Vision Fund, Sachin Bansal and Binny Bansal are back in the driving seat at Flipkart, the company they founded over a decade......

SoftBank gets ready for 3rd Indian innings

With a new $100-billion technology fund, SoftBank is likely to go after market leaders. SoftBank Chief Executive Officer Masayoshi Son wants to propel his group towards what he calls SoftBank 2.0;......

SoftBank's Indian nightmare: Rs 9000 cr loss

Japanese conglomerate SoftBank Group on Wednesday said it has recorded loss from investments to the tune of USD 1.4 billion, or over Rs 9,000 crore, for 2016-17 in Indian startups like......
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Uber Targets India with back-to-basics features

Bloomberg Hailing an Uber in India is a whole different game. Addresses are non-existent or rarely useful, while most people are using older... ...

http://www.mydigitalfc.com/miscellany/uber-targets-india-back-basics-features
SoftBank funding may spur Uber to re-think tough Southeast Asian market

SINGAPORE(Reuters) - SoftBank Group's multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other... ...

http://feeds.reuters.com/~r/reuters/INtechnologyNews/~3/pJprohHOxUs/softbank-funding-may-spur-uber-to-re-think-tough-southeast-asian-market-idINKBN1DL05E
SoftBank set to take driver's seat in Ola

Japanese investment giant SoftBank is close to acquiring an additional 10-12 per cent stake in ANI Technologies, the parent company of Ola, to... ...

http://www.business-standard.com/article/companies/softbank-set-to-take-driver-s-seat-in-ola-117112100054_1.html
Grofers denies any merger talks with BigBasket

Softbank-backed Grofers and BigBasket had reportedly been in talks for a potential merger that would have created one of the largest online grocery... ...

http://www.business-standard.com/article/companies/grofers-denies-any-merger-talks-with-bigbasket-117111900304_1.html
Alibaba’s $25 Bn Singles Day Sales Smashes Records; Wants A Stake In Big Basket Now!

Alibaba, which is China’s biggest commerce portal, has just smashed every perceivable record when it comes to commerce.  During their Singles... ...

http://feedproxy.google.com/~r/trakin/~3/vLQU1AhbiGI/

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