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
Studentย โขย 10m
SoftBank's Masayoshi Son is pivoting to AI and chips.๐
โข In Q4 2023, SoftBank listed loss of 500 Million Dollars and recently Softbank didn't invest in any startups .
โข Mostly SoftBank is investing in AI Startups .
โข What do you think about it an
Why do you guys think Masa is offloading from Paytm? Loss of confidence or is he just cashing out on an investment?
3 replies10 likes
Havish Gupta
Figuring Outย โขย 3m
Snapdeal is now almost profitable!
So Snapdeal recently released its financials, and theyโve killed it!
Their cost-reduction measures have led to their EBITDA loss dropping to just โน16 crore in FY24, down from โน144 crore in FY23.
While their reven
Do you guys think the Paytm fiasco will drive away foreign VCโs from investing in Indian fintech and how did Softbank sell its shares right before the mishap? Somethingโs fishy.
11 replies23 likes
Mahendra Lochhab
Content creatorย โขย 1m
Ola Electric reported consolidated loss of โน564 crore for the Q3Fy25 as compared to โน376 crore posted in the year-ago period. The company's revenue from operations stood at โน1,045 crore, down from โน1,296 crore reported in the corresponding quarter of
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0 replies5 likes
Aryan
Young, wild and free...ย โขย 8m
Whats the sex ratio on influencers? Does female takes the lead? Anyone has data on it?
6 replies2 likes
Anant Sharma
"Innovating Solution...ย โขย 3m
IS there anyone who knows about meme coin, any random Gusse next coin that touches a crore ???
