Retail India News: Former Softbank Managing Partner Lydia Jett Returns to Flipkart's Board
Former Softbank Investment Advisers managing partner Lydia Jett has rejoined the board of Flipkart. Jett, who previously served on Flipkart’s board…
Softbank-Backed Grofers' Revenue Doubles to Rs 177 cr; Losses Widen
Online grocery firm Grofers has announced that its revenues for the financial year 2019-20 increased 111 percent over the previous financial year to…
Lenskart partners with SoftBank to invest in Technology & Supply Chain
Lenskart, India’s leading eye-wear retailer, is raising over $275 million from Softbank Vision Fund. The investment will be utilized for augmenting…
SoftBank eyes 40% stake in FirstCry for $400 million
Japanese investment giant SoftBank may soon make an investment in FirstCry, Pune-based online baby products retailer. The Tokyo-headquartered…
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    12 DECEMBER 2024, Hotel Trident, Hyderabad

    Restaurant Awards 2024 is the top honour bestowed upon the greatest in the industry who have tirelessly dedicated their lives walking an extra mile to raise the bar of the Food & Beverage Sector.

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SoftBank all set to invest $450 million to Delhivery
SoftBank Group Corp is all set for $450 million investment in Delhivery, India's largest ecommerce-centric logistics company by revenue as…
Grofers partners with local businesses for last mile delivery
Online grocery firm Grofers has announced that it is partnering with local entrepreneurs to help with last mile delivery, a model that it expects…
SoftBank confirms it's selling 22% in Flipkart to Walmart
Ending all the suspense about the selling of Softbank’s stake in Flipkart, Japan’s SoftBank has confirmed to sell entire 22% stake in Flipkart to…
Paytm Mall launches PoS, signs strategic partnership with Asus
In a bid to boost the online-to-offline move, Paytm Mall today launched a connected PoS (Point of Sale) solution for retail stores enabling…
SoftBank, Yahoo Japan, Aeon Plan Online Marketing
In an endeavour to pep up the businesses, SoftBank Group Corp, Yahoo Japan Corp and Aeon Co Ltd plan to launch an online retail business, reported…
Paytm Senior VP Krishna Hegde Quits
Months after being appointed as the head of the lending business of Paytm, senior vice-president Krishna Hegde has quit the Noida-based company. The…
Paytm Payments Bank Customers Can Now Avail High Return Fixed Deposits
Digital payments platform Paytm Payments Bank announced its partnership with IndusInd Bank to introduce a first-of-its kind facility to create a…
Flipkart sees the big picture in TV
With SoftBank's $2.5-billion mega investment in its kitty, Flipkart is charging ahead to invest and grow some of its high margin categories as it…
Bansals may come back in charge at Flipkart with Masayoshi Son's help
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…
Softbank makes biggest investment in Flipkart!
Flipkart Group, India’s leading e-commerce marketplace, has announced an investment — a mix of primary and secondary capital — from SoftBank Vision…
Bahl aims to re-write the Snapdeal story after selling Freecharge
Right after the sale of its mobile wallet platform ‘Freecharge’ to Axis Bank for INR 385 Crore, Snapldeal’s co-founder and CEO Kunal Bahl, is…
Ratan Tata and many others shareholders say 'yes' to the Flipkart-Snapdeal Merger
​The merger of India's two leading E-Commerce brands, Binny Bansal led Flipkart and Kunal Bahl led Snapdeal could be the most sensational merger…
Ride-hailing startup Grab could raise $1.5 billion from Alibaba and Softbank
Alibaba Co-founder Jack Ma may team up with SoftBank Group's Masayoshi Son in a $1.5 billion investment in ride-hailing startup, Grab. The…
SoftBank Group invests $300 million in WeWork as first installment
SoftBank Group Corp has invested $300 million in shared-office space company WeWork, the first installment of a multi-billion-dollar bet, according…
Snapdeal to put FreeCharge on sale to Naspers
Once a success story of the burgeoning start-up ecosystem, Gurgaon-based online marketplace Snapdeal has said it would cut more jobs, stop paying…
Snapdeal struggles to pay for mobile orders and additional instalments of its mobile application
Snapdeal has abruptly suspended an incentive programme for customers that it employs through affiliates, highlighting the online marketplace's…
Softbank invests $250 mn in Uber rival GrabTaxi
SoftBank investment, GrabTaxi has raised USD 340 million in the past 14 months, says a PTI report. The fresh investment comes as an attempt to gain…