SoftBank-backed billionaire to invest $230M in Indian AI startup Krutrim
Ola founder Bhavish Aggarwal is investing $230 million into an AI startup he founded as the country pushes to establish itself in a field dominated by U.S. and Chinese firms.…
SoftBank-backed Delhivery contests metrics in rival Ecom Express’ IPO filing
Indian logistics firm Delhivery has publicly contested the accuracy of metrics presented by competitor Ecom Express in its draft initial public offering prospectus, a rare confrontation in the lead-up to…
SoftBank-backed grocery startup Oda lays off 150, resets focus on Norway and Sweden
It’s not just instant-delivery startups that are struggling. Oda, the Norway-based online supermarket delivery startup, has confirmed layoffs of 150 jobs as it drastically scales back its expansion ambitions to…