Norway sovereign fund sells Adani stakes, Hotstar subscriber base falls, Chitra Ramkrishna gets bail, LIC profit jumps 27x, Zomato net loss widens
10 February, 2023•1 min
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10 February, 2023•1 min
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SoftBank exits major InMobi stake in $250 million buyback deal
Ahead of the planned IPO, InMobi founders have bought back more than 30% of the company from the Japanese investment giant, raising their stake to around 60%.
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FabHotels pivoted to corporate travel for survival. Can it grow?
The challenges of running a budget hotel chain in India forced the decade-old company to quietly shift its focus to a travel management platform for corporate travellers. Now it must face challenges of another kind.
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What about Lightspeed?
One of the few remaining foreign venture capital funds in India, Lightspeed has had a rather quiet year—especially when compared to some of its peers. The 2026 IPO pipeline may be the reset it needs.