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Banks
SoftBank Group CEO quits in just 5 mths
Corporate
SoftBank Group International CEO quits in just 5 months
Startups on a layoff spree, SoftBank-backed Unacademy fires another 150 employees
Education
Edtech platform Eruditus lays off staff to improve profitability
Swiggy buys restaurant tech platform Dineout
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
