SoftBank's Masayoshi Son does an Oyo with Arm
SoftBank buys back stake from Vision Fund in UK-based chip designer similar to Ritesh’s leveraged buyback deal in Oyo
SoftBank buys back stake from Vision Fund in UK-based chip designer similar to Ritesh’s leveraged buyback deal in Oyo
U.A.E.-based Akshay Naheta is the youngest executive to report directly to SoftBank Group founder Masayoshi Son. In an exclusive conversation with Fortune India, he decodes his stint at SoftBank.
From selling ringtones to running what can be called an Internet conglomerate, Sharma has stayed relevant and is also creating an ecosystem. Now, he wants to take Paytm to the developed world.
The new economy playbook has started wearing out. The signs are ominous. Positioning oneself as a tech company—exaggeration, outright lie, or the truth—is all shades of grey now.
Ritesh Agarwal had enough to contend with: conflict with partners, fallout of rapid expansion, and restructuring. Then came a pandemic, giving the OYO founder his most difficult battle yet.
Less than a month after WeWork’s IPO was postponed and Adam Neumann stepped down as CEO, Embassy Group-run WeWork India is looking to raise $200 million to fund its growth.
But only after 25-year power purchase agreements “come to an end”.
Editor’s letter from our February 2018 issue
Alok Sama, chief strategy officer, SoftBank Group, says the notion of ‘leapfrogging’ is an essential part of their Indian investment thesis.
Masayoshi Son who manages Softbank’s $100 billion Vision Fund says Flipkart and Paytm have held their ground again local and global competition. Son, incidentally, has big stakes in both of them.