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 • 9m
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
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
Stealth • 1m
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
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
Anant Sharma
Stealth • 2m
IS there anyone who knows about meme coin, any random Gusse next coin that touches a crore ???
0 replies1 like
Mahendra Lochhab
Stealth • 12d
Ola Electric reported consolidated loss of ₹564 crore for the Q3Fy25 as compared to ₹376 crore posted in the year-ago period. The company's revenue from operations stood at ₹1,045 crore, down from ₹1,296 crore reported in the corresponding quarter of