Tuesday, February 8, 2022

SoftBank-led funding more than triples ElasticRun’s valuation to $1.5 billion

Started in 2016 by former Amazon executives Sandeep Deshmukh, Shitiz Bansal and Saurabh Nigam, ElasticRun enables small kiranas across the country to source goods— especially in the FMCG space—from leading brands.

from Tech-Economic Times https://ift.tt/NRpAhtS

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...