Kids retailer FirstCry to refile DRHP with updated financials

SoftBank-backed kids omnichannel retailer FirstCry is likely to refile its draft red herring prospectus (DRHP) with…

Ola Cabs CEO Hemant Bakshi resigns; company to lay off 10% of staff ahead of IPO

Bengaluru: Ola Cabs CEO Hemant Bakshi has stepped down less than a year after joining the…

FirstCry set to withdraw $500 million IPO papers after regulatory scrutiny

FirstCry parent BrainBees filed papers with SEBI last December for an IPO that would have been…

Ola Cabs IPO: Aggarwal’s company in talks with banks for advisors, says report

Ola Cabs IPO: Ride-hailing aggregator Ola Cabs aims to secure $500 million through its initial public…

SoftBank cuts 2.17% stake in Paytm

Japanese investment giant SoftBank Group Corporation has cut a 2.17 percent stake in troubled Indian fintech…

SoftBank stock rises on CEO’s plan for $100 billion chip project

SoftBank Group Corporation’s stock rose as founder Masayoshi Son considers the creation of a $100 billion…

Singapore-based Eruditus plans to shift HQ to India for IPO

SoftBank-backed Indian educational technology firm Eruditus is planning to shift its domicile from Singapore to India…

Ola Electric faces a bumpy road ahead

As Ola Electric, the electric vehicle (EV) maker backed by SoftBank and Tiger Global, prepares to…

Son’s strategic moves propel SoftBank to expected $373 billion net income

The Tokyo-based investment firm is expected to report net income of ¥373 billion ($2.5 billion) for…

FirstCry IPO: Planning to invest? Know key risks involved in the upcoming issue

Brainbees Solution, the parent company of the prominent online e-commerce platform FirstCry, officially filed an application…