Archives
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NEWS March 30, 2016 Softbank Ventures Korea invests in True Balance
By: sristy SahaThe investment will help True Balance expand to the 15 telecom circles in India. New Delhi: Softbank Ventures Korea, the venture capital arm of Japan’s SoftBank, has invested an undisclosed amount in True Balance, a mobile app that keeps users updated about their prepaid mobile account, the company said in a statement. It will use […]
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ALL DEALS March 8, 2016 Housing.com raises Rs100 crore from Softbank
By: sristy SahaCurrently, Housing.com has 1.7 million verified listings and is working with over 40,000 developers and agents. Photo: Abhijit Bhatlekar/Mint New Delhi: Mumbai-based Locon Solutions Pvt. Ltd, which operates the online real estate web site Housing.com, has raised an additional Rs.100 crore in funding from Japan’s SoftBank Corp., the company said on Thursday. “We are delighted […]
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NEWS March 3, 2016 Oyo Rooms has acquired Zo Rooms: SoftBank
By: sristy SahaZo Rooms had 300 employees and 20,000 listed properties across 30 cities. Photo: Mohsin Shaikh/Mint New Delhi: Oyo Rooms, the budget hotel-booking app backed by Japanese billionaire Masayoshi Son’s SoftBank Corp., has acquired smaller rival Zo Rooms. SoftBank, which took part in a $100 million round of funding in Oyo Rooms last year, announced the acquisition […]