SoftBank’s staggering quarterly earnings underscore the transformative financial power of its early and aggressive investment in OpenAI.

SoftBank Group has successfully raised $2.9 billion through a hybrid bond issuance that underscores founder Masayoshi Son’s bold, long-term vision for artificial intelligence.

Zomato stock was trading firm after a block deal was reported early morning.

Eyewear company LensKart has received $100 million investment from private equity firm ChrysCapital for its expansion plans outside India. LensKart currently operates over 2,000 stores.

OYO founder Ritesh Agarwal has surely achieved a lot in a short span of time and now he has launched a VC-fund with focus on Indian startups. OYO has been in trouble for quite some time now.

OYO Rooms has announced today that the company will put some of its workforce on unpaid leave for four months from May 4.