Stock Market logoStock Market Station

All the stock market news, every minute updated!

16 June 2021
10:47 hour

SoftBank Vision Fund 2 puts $220m in talent management startup Eightfold AI; valuation doubles to $2.1B

Financial Express

10/06/2021 - 16:08

Investors from previous rounds including General Catalyst, Capital One Ventures, Foundation Capital, IVP, and Lightspeed Venture Partners also participated in the new round.


READ THE FULL ARTICLE ON FINANCIAL EXPRESS

Related headlines:

  1. SoftBank Vision Fund 2 accelerates its AI startup investments after rocky start (10/04/2021 - Seeking Alpha)

    [visit article]
  2. SoftBank Vision Fund 2 puts $90 million in SaaS startup Whatfix; Sequoia, Cisco, others participate (08/06/2021 - Financial Express)
    Other investors including Eight Roads Ventures, Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital, and Cisco Investments participated in the round.
    [visit article]
  3. Meesho raises USD 300 mn in funding round led by SoftBank Vision Fund 2 (05/04/2021 - Financial Express)
    Social commerce platform Meesho on Monday said it has raised USD 300 million (about Rs 2,201.7 crore) in a funding round led by SoftBank Vision Fund 2.
    [visit article]
  4. The Wall Street Journal: SoftBank Vision Fund injected at least $400 million into Greensill Capital in late 2020 (10/03/2021 - Market Watch)
    The infusion of cash was in addition to the $1.5 billion the Vision Fund had invested in Greensill in 2019.
    [visit article]
  5. Microsoft VC fund's global head joining SoftBank Vision Fund - Bloomberg (08/02/2021 - Seeking Alpha)

    [visit article]
  6. New unicorn: Meesho raises fresh $300 m in funding led by SoftBank fund (05/04/2021 - Financial Express)
    Social commerce start-up Meesho on Monday said it has raised a fresh $300 million in funding led by SoftBank Vision Fund 2. The investment marks the company’s entry into the unicorn club, valuing it at $2.1 billion.
    [visit article]
  7. SoftBank's Son wants to more than double Vision Fund holdings after record profit (13/05/2021 - Seeking Alpha)

    [visit article]
  8. Guardant Health is lower as SoftBank Vision Fund cuts stake (30/04/2021 - Seeking Alpha)

    [visit article]
  9. SoftBank Vision Fund 2 sinks $120M into Jobandtalent digital temp agency (10/03/2021 - Seeking Alpha)

    [visit article]
  10. The Wall Street Journal: SoftBank investing $500 million in mortgage startup Better (09/04/2021 - Market Watch)
    SoftBank Group Corp. is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations.
    [visit article]
  11. Whatfix raises $90 million in funding led by SoftBank Vision Fund 2 (09/06/2021 - Financial Express)
    Whatfix said that the firm’s revenue and headcount tripled in the past two years. The US-headquartered company that runs an office in Bengaluru currently has 500 employees across six global offices.
    [visit article]
  12. SoftBank seeks CCI approval for Swiggy investment (08/06/2021 - Financial Express)
    SoftBank is looking to back the Bengaluru-based food tech firm with an investment of over $400 million at a valuation of about $5.5 billion. Reports peg the size of the deal at about $450 mn-$500 mn.
    [visit article]
  13. Nvidia stock in Arm deal used to explain SoftBank CEO's vision (12/05/2021 - Seeking Alpha)

    [visit article]
  14. Katerra becomes second SoftBank-backed startup to close this year (01/06/2021 - Seeking Alpha)

    [visit article]
  15. SoftBank will reportedly invest $500M in mortgage startup Better ahead of its IPO (08/04/2021 - Seeking Alpha)

    [visit article]
  16. SoftBank leads $210M funding for security software startup OneTrust (08/04/2021 - Seeking Alpha)

    [visit article]
  17. Softbank valuation (11/06/2021 - Reddit Stocks)
    Softbank (TYO: 9984, OTC: SFTBF) is currently trading at a P/E ratio of 3.89, which is well below the industry average. The total capitalization of the stock is also lower than its stake of 24.9% in BABA alone. It seems that this company is heavily undervalued, considering that it is still profitable despite its apparent lack of earnings growth. Is this stock a buy, or am I looking at a value trap?   submitted by   /u/Aokiyuki [link]   [comments]
    [visit article]
  18. SoftBank and BlackRock lead $640M round for retail tech startup Trax (07/04/2021 - Seeking Alpha)

    [visit article]
  19. Iron Mountain divests its IP management business for $220M (13/05/2021 - Seeking Alpha)

    [visit article]
  20. Softbank-backed Grab to go public through merger with Altimeter at $39.6B valuation (13/04/2021 - Seeking Alpha)

    [visit article]
  21. Zomato now nearly $2B more valuable than Swiggy; valuation of India’s biggest foodtech startup up by $1.5B (23/02/2021 - Financial Express)
    The latest primary fundraise saw $115 million contributed by Kora Management followed by $55 million from Fidelity, $50 million from Tiger Global, $20 million from Bow Wave Capital, and $10 million from Dragoneer.
    [visit article]
  22. Venture fund IvyCap partially exits online beauty startup Purplle with whopping 22x returns (23/03/2021 - Financial Express)
    Purplle currently competes with unicorn startup Nykaa, Sugar Cosmetics, MyGlamm, and horizontal marketplaces such as Amazon and Flipkart, and fashion marketplace Myntra.
    [visit article]
  23. SoftBank's Latin American fund investing $1B as pandemic drives tech gains (09/02/2021 - Seeking Alpha)

    [visit article]
  24. Repay and Protego unite to extend talent and project management (26/02/2021 - Seeking Alpha)

    [visit article]
  25. Fund Raise: Leveraging tech for wealth creation (09/05/2021 - Financial Express)
    Fintech startup Nivesh bags Rs 12 crore funding from IAN Fund; fresh funds raised to be utilised for expansion of product portfolio, technology enhancement and more
    [visit article]
  26. Paytm targets $3 billion IPO in what would be India’s largest debut (27/05/2021 - Financial Express)
    The startup, backed by investors including Berkshire Hathaway Inc., SoftBank Group Corp. and Ant Group Co., plans to list in India around November and its offering could coincide with the Diwali festival season, said the person, asking not to be named because the details are private.
    [visit article]
  27. Stripe confirms $95B valuation, becoming most expensive U.S. startup (15/03/2021 - Seeking Alpha)

    [visit article]
  28. Talent Training: Linking the college and the corporate (19/05/2021 - Financial Express)
    NIIT helps organisations train their workforce, as well as provides talent development courses for individuals
    [visit article]
  29. Future Fintech amends agreement to acquire Nice Talent Asset Management (12/04/2021 - Seeking Alpha)

    [visit article]
  30. Indian cryptocurrency startup get $500M valuation from Tiger Global-led funding (22/04/2021 - Seeking Alpha)

    [visit article]
  31. SPAC Gores Metropoulos II takes lodging startup Sonder public at ~$2.2B valuation (30/04/2021 - Seeking Alpha)

    [visit article]
  32. Healthtech startup Innovaccer is India’s latest unicorn with investment from Tiger Global, Steadview others (24/02/2021 - Financial Express)
    The round was led by Tiger Global Management while existing investors Steadview Capital, Dragoneer, B Capital Group, Mubadala Capital, and M12 (Microsoft's Venture Fund) and new investor OMERS Growth Equity also participated.
    [visit article]
  33. Qell Acquisition takes German all electric air taxi startup Lilium public at $3.3B valuation (30/03/2021 - Seeking Alpha)

    [visit article]
  34. The Wall Street Journal: Greensill faces possible insolvency after Credit Suisse suspends funds (02/03/2021 - Market Watch)
    Specialty finance firm Greensill Capital headed toward a rapid unraveling after Credit Suisse Group AG suspended $10 billion of investment funds that fueled the SoftBank Group Corp.-backed startup.
    [visit article]
  35. SIDBI Fund of Funds: Startups backed via Modi govt’s mega fund nears 400; amount jumps 50% in 12 months (11/02/2021 - Financial Express)
    Dunzo, CureFit, FreshToHome, Jumbotail, Unacademy, Uniphore, Vedantu, Vogo, Zostel, etc., were some of the notable startups funded through FFS while Chiratae Ventures, India Quotient, Blume Ventures, India Angel Network Fund, Kalaari Capital, Fireside Ventures, and more were some of the top startup funds under FFS.
    [visit article]
  36. Indiabulls Housing Finance to sell its mutual fund business for Rs 175 crore (11/05/2021 - Financial Express)
    The sale of Indiabulls Asset Management Company will be limited only to the MF part of the business, whilst the alternate investment fund (AIF) and portfolio management service (PMS) businesses will be demerged from the existing IBAMC structure.
    [visit article]
  37. SoftBank and Toyota want driverless cars to change the world (08/02/2021 - CNN Money Top Stories)
    Softbank and Toyota are partnering on an effort to use autonomous vehicles and other technologies to change the world of transportation.
    [visit article]
  38. Burry's Scion Asset Management buys $534,000,000 worth of TSLA puts, making up nearly 40% of his entire portfolio (17/05/2021 - Reddit Stocks)
    https://whalewisdom.com/filer/scion-asset-management-llc#tabholdings_tab_link As shown in Scion Asset Management's 13F filings published today, Michael Burry bought 800,100 put options on TSLA, making up nearly 40% of his portfolio. Before his twitter account was deleted, he was very vocal about how he believed that Tesla was overvalued and his filings show that he has very high conviction that TSLA is to further drop. Some of his other new positions include: 171 million dollar's worth of $TLT puts 165 million dollar's worth of $GOOG calls 161 million dollar's worth of $FB calls 55 million dollar's worth of $TBT calls etc.   submitted by   /u/bevested [link]   [comments]
    [visit article]
  39. SoftBank is reportedly under investigation by the SEC following its risky 'Nasdaq whale' investments (25/03/2021 - Reddit Stocks)
    The Japanese investing conglomerate SoftBank, which has holdings in household names like Apple, Amazon, Tesla, Uber, DoorDash, and Sprint, is under investigation by the Securities and Exchange Commission, Vice News reported Wednesday. The SEC disclosed the investigation in response to a public records request from Think Computer Foundation founder Aaron Greenspan, according to the legal transparency group PlainSite. The agency’s reported acknowledgment of its investigation follows reporting by the Financial Times last year that revealed SB Northstar, which is controlled by SoftBank CEO Masayoshi Son, as the “Nasdaq whale” behind secretive, risky multibillion-dollar bets on tech stocks during last summer’s market rally. Source: https://www.businessinsider.com.au/softbank-sec-investigation-foia-request-nasdaq-whale-sb-northstar-2021-3?r=US&IR=T   submitted by   /u/ShubhamG77 [link]   [comments]
    [visit article]
  40. Palantir Woes: Hey all how bad do you think this is for Palantir. Is it time to get out and rebuy later? (18/02/2021 - Reddit Stocks)
    Palantir's direct listing in September unusually included a lockup period, which expires today. Insiders were only allowed to sell 20% of their shares in the listing, which means the remaining 80% are open for trading today. Palantir shares are down 5.8% pre-market. Palantir has faced valuation concerns with shares closing yesterday at about 274% above its direct listing reference price. Soros Fund Management will continue exiting its position that amounted to 18.46M shares as of November, when the fund said it regretted the investment and "does not approve of Palantir's business practices." The fund said at the time it had sold all the shares it could and would keep selling.   submitted by   /u/Potential-Guide-9562 [link]   [comments]
    [visit article]
  41. For GME, AMC, BB - You might ask tomorrow, "Why are my PUTS increasing in value too" (25/02/2021 - Reddit Stocks)
    There are many new traders who are not aware of this so I thought I'd make a quick post about it. Many of the PUT holders for $GME and $AMC are going to realize that their puts have also increased in value. They'll be like wtf? This happens because one of the greeks is called Vega which controls options prices based on implied volatility changes. When IV increases significantly, prices for both calls and puts also increase by a large amount because an increase in vega positively correlates with an increase in prices irrespective of whether it's a call or put. Another tip. If you really like the $GME company, you can sell far out of the money puts tomorrow (cash secured puts) for extremely high premiums. That gives you an extremely low risk and high reward. I might sell Jan 21 $20 puts. GME Historical IV: https://i.imgur.com/xK5ooKn.png (Source: Tradytics)   submitted by   /u/hydershykh [link]   [comments]
    [visit article]
  42. Consumer SPAC Sandbridge X2 prices upsized $220M IPO (10/03/2021 - Seeking Alpha)

    [visit article]
  43. ION Acquisition prices $220M IPO, starts trading today (30/04/2021 - Seeking Alpha)

    [visit article]
  44. CF Acquisition VIII prices upsized $220M SPAC IPO (12/03/2021 - Seeking Alpha)

    [visit article]
  45. Primoris Services receives new solar award worth over $220M (23/03/2021 - Seeking Alpha)

    [visit article]
  46. Rosecliff Acquisition prices of upsized $220M initial offering (12/02/2021 - Seeking Alpha)

    [visit article]
  47. Bespoke Capital Acquisition reaffirms 2021 revenue of $220M (24/05/2021 - Seeking Alpha)

    [visit article]
  48. Richard Hendrix' latest SPAC Live Oak Mobility stages $220M IPO (03/03/2021 - Seeking Alpha)

    [visit article]
  49. Aurora Acquisition stages $220M IPO, sees strong insider buying (04/03/2021 - Seeking Alpha)

    [visit article]

For more information mailto [email protected]. Disclaimer.