Softbank

Grab to debut on NASDAQ after investors approve SPAC merger

Altimeter Growth Corp announced that its shareholders approved the business combination with Grab at an extraordinary meeting of shareholders on Tuesday.

SoftBank-backed Indian hotel aggregator OYO files draft papers for $1.14B IPO

The hotel aggregator's IPO plan also comes at a time when travel restrictions are being eased in many countries and the tourism sector is expected to rebound.

Softbank leads soccer NFT platform Sorare’s $680M Series B funding round

The company has also received interest from leagues and fans across the globe to replicate Sorare model in other sports and it plans to roll out new sports in 2022.

Softbank, Tencent invest in Indian online used car platform Cars24 Services – report

Cars24 plans to use the fresh capital to deepen its presence in the United Arab Emirates and Australian markets, where it has made recent forays, and build its cars, bikes and financing business in India while investing in technology.

Temasek, SoftBank invest in India EdTech unicorn Unacademy’s Series H funding round

The latest fundraise takes the valuation of Unacademy Group to $3.44 billion.

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Japanese conglomerate SoftBank Group seeks to raise at least $525M for SPAC in the US

SoftBank Group, Japan’s second largest publicly traded company, filed in the United States to secure up to $604 million for a special purpose acquisition company (SPAC), a shell company established to merge with an operating company to enable the latter to become publicly listed without undergoing the lengthy traditional IPO process.