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SoftBank in talks to invest in PharmEasy parent API Holdings

API is seeking a valuation of at least $5.6 billion in a new funding round, said one of the people, who asked not to be identified as the information is private. SoftBank could invest $150 million to $200 million into the online pharmacy owner, the people said.

SoftBank Corp. placard is prepared during a ceremony to mark the company's debut on the Tokyo Stock Exchange in Tokyo. (Reuters/ File photo)
SoftBank Corp. placard is prepared during a ceremony to mark the company's debut on the Tokyo Stock Exchange in Tokyo. (Reuters/ File photo)
Published on Jul 10, 2021 01:02 AM IST
Bloomberg | , Mumbai

‘SoftBank could invest over $4 billion in India’

India, Misra said, remains an important target market for investments from the Vision Fund, especially in the context of widespread technology-driven disruptions expected across the economy in the wake of the Covid-19 pandemic.

SoftBank Vision Fund CEO Rajeev Misra. (Bloomberg)
SoftBank Vision Fund CEO Rajeev Misra. (Bloomberg)
Updated on Jun 04, 2021 04:51 AM IST
BySnigdha Sengupta, Sruthijith KK, Livemint, New Delhi

SoftBank looks to invest $700 million in Flipkart

Proposed investment from SoftBank Vision Fund 2 is part of a $1.2-1.5 billion round.

The investors signing up for the ongoing round expect Flipkart’s valuation to rise to around $35-40 billion. (Mint Print)
The investors signing up for the ongoing round expect Flipkart’s valuation to rise to around $35-40 billion. (Mint Print)
Updated on Jun 04, 2021 04:47 AM IST
ByRanjani Raghavan, Livemint, Mumbai

SoftBank weighs selling a $1.5 billion stake in Paytm

Paytm is planning an IPO worth around $3 billion, offering SoftBank its largest exit in India after Flipkart.

Paytm founder and CEO Vijay Shekhar Sharma.(Mint file photo)
Paytm founder and CEO Vijay Shekhar Sharma.(Mint file photo)
Published on May 31, 2021 07:11 AM IST
ByAnirudh Laskar, Hindustan Times, Mumbai

SoftBank’s $17.7 billion profit sets new record in Japan

Net income was 1.93 trillion yen ($17.7 billion) for the three months ended March 31, the most for a listed Japanese company dating back to 1990, data compiled by Bloomberg show.

SoftBank’s portfolio between its two Vision Funds totaled 125 companies at the end of March.(Bloomberg file photo)
SoftBank’s portfolio between its two Vision Funds totaled 125 companies at the end of March.(Bloomberg file photo)
Published on May 12, 2021 02:28 PM IST
Bloomberg | | Posted by Harshit Sabarwal
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