Japan-based investment giant Softbank has reportedly fully exited Vijay Shekhar Sharma-led Paytm in the June quarter at a massive loss of around $150 million (or about Rs 1,250 crore), PTI reported.
Notably, the Masayoshi Son-led firm invested arou
Fintech start-up I'm working on my project. Anyone here who have experience in app. like phonepe, Paytm, Cred etc.
1 replies2 likes
Vaibhav Babruwan Shingde
Stealth • 8m
SoftBank's Masayoshi Son is pivoting to AI and chips.📈
• In Q4 2023, SoftBank listed loss of 500 Million Dollars and recently Softbank didn't invest in any startups .
• Mostly SoftBank is investing in AI Startups .
• What do you think about it an
Do you guys think the Paytm fiasco will drive away foreign VC’s from investing in Indian fintech and how did Softbank sell its shares right before the mishap? Something’s fishy.
11 replies23 likes
Havish Gupta
Stealth • 23d
Snapdeal is now almost profitable!
So Snapdeal recently released its financials, and they’ve killed it!
Their cost-reduction measures have led to their EBITDA loss dropping to just ₹16 crore in FY24, down from ₹144 crore in FY23.
While their reven
IS there anyone who knows about meme coin, any random Gusse next coin that touches a crore ???
0 replies1 like
Aryan
Stealth • 6m
Whats the sex ratio on influencers? Does female takes the lead? Anyone has data on it?
6 replies2 likes
Tushar Aher Patil
Stealth • 2m
Ritesh Agarwal-led hospitality giant OYO recorded a net profit of Rs 158 crore and revenue of Rs 1,578 crore in Q2 FY25, PTI reported.
This marks a significant turnaround, as the company had posted a net loss of Rs 50 crore during the same period la