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Banks
SoftBank reports $13 bn loss amid tech sell-off, cuts startup funding
SoftBank posts $13 billion loss for FY22 hit hard by falling tech valuations across the globe
Markets
Open becomes 100th unicorn of India, raises $50 million in Series D round led by IIFL
CommerceIQ turns unicorn, raises $115 million led by SoftBank
Auto
Ola Electric announces strategic investment in Israel-based StoreDot
Technology
Nvidia terminates $40-bn acquisition deal
IPO
Snapdeal sells 30% in subsidiary Unicommerce to Softbank, ahead of its IPO
Corporate
Indian-origin CEO Vishal Garg apologises for mass layoffs over Zoom call
Indian fintech firms mop up $1.93 bn in Q3
Grofers joins the unicorn club following funding frenzy
Swiggy expected to deliver "good returns" if it launches IPO: SoftBank founder
Mindtickle raises $100 million from SoftBank valued at $1.2 billion
