SoftBank

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Markets, IPOs & Wealth 03 Oct 2026, 11:56 PM IST

AceVector IPO Delivers ₹88 Crore Exit for SoftBank as Most Early Backers Book Losses

AceVector’s initial public offering has created a mixed outcome for its early shareholders, delivering a substantial cash exit for SoftBank while leaving most other selling investors with losses on paper. The listing underscores the uneven economics of India’s startup public markets, where scale and timing can determine whether venture capital backers preserve capital or absorb a markdown.

By RDU Global Wire5 min read

Enterprise Tech, Cloud & AIRecently

Nikkei Rises 1.3% as AI Chip Stocks Track U.S. Gains

Japan’s Nikkei advanced 1.3% on Wednesday, with artificial intelligence and semiconductor shares leading the move after strength in U.S. chip stocks. SoftBank, Tokyo Electron and Advantest were among the main gainers, while banking and shipping stocks also firmed despite weak overall market breadth.

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Markets, IPOs & Wealth2h ago

True North Buys Minority Stake in IPO-Bound InMobi in $50-60 Mn Deal

Private equity firm True North has reportedly acquired a minority stake in adtech and commerce company InMobi through a secondary transaction valued at about $50-60 million, according to a Livemint report. The deal, which includes a small primary component, comes as InMobi accelerates preparations for a public listing in India and continues reshaping its cap table ahead of a potential IPO.

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Startups & Venture Capital1h ago

Automattic Rebuilds Board After Failed Bid to Remove CEO Matt Mullenweg

Automattic has installed a new board just weeks after its previous directors tried and failed to place CEO Matt Mullenweg on leave, escalating a dramatic governance battle at the company behind WordPress.com, Tumblr and WooCommerce. The reshuffle brings in an eclectic mix of writers, founders and advisers as Mullenweg reasserts control through his dominant voting stake.

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Startups & Venture CapitalSept 26, 2026

True North Invests in InMobi Ahead of Anticipated IPO

Private equity firm True North has secured a minority stake in the adtech startup InMobi, valued at approximately $50-60 million, signaling confidence in the company's upcoming IPO. This investment comes as the Indian technology sector continues to attract significant global interest.

4 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside SoftBank:

Snapdeal(1)New Delhi(1)AceVector(1)