SoftBank
Latest, 3 Oct: AceVector IPO closes 4.93X subscribed; SoftBank's Starfish I pockets ₹88 Cr via OFS as Snapdeal gets bulk of fresh issue.
Newest on SoftBank
Browse all 87 storiesWhat we know
From 8 stories, the newest dated 3 Oct 2026. Summary written 6 Oct 2026.
SoftBank is an investor with holdings in several Indian consumer-internet and retail-linked companies. AceVector, the parent of Snapdeal, Unicommerce and Stellaro Brands, is described as SoftBank-backed, and SoftBank's Starfish I is a selling shareholder in it.[1] source: Inc42[2] source: Entrackr[3] source: Mint SoftBank held a 6.3% stake in Swiggy as of December 31.[4] source: ET Retail
In September 2026, SoftBank sold a 1.7% stake in Meesho for ₹1,650.40 crore through NSE block deals. SVF II Meerkat sold 8 crore shares at an average ₹206.30 each, and SoftBank's holding fell to 6.87% from 8.6%.[5] source: The Hindu BusinessLine AceVector's IPO closed on 29 September with 4.93X subscription, and Starfish I sold 2.76 Cr shares for about ₹88.3 Cr in the offer-for-sale.[1] source: Inc42 The RHP had cut Starfish I's OFS to 2.76 crore shares from 4.23 crore.[6] source: Inc42 ADIA's September sale of a 2.01% Lenskart stake followed SoftBank's June divestment.[7] source: Outlook Business[8] source: NDTV Profit
Swiggy is amending its articles to remove board nomination rights previously held by investors Accel and SoftBank, ET Retail reported in September 2026.[4] source: ET Retail In the AceVector offer, Nexus entities also lowered planned sales to 86.96 lakh shares versus 1.33 crore.[6] source: Inc42
SoftBank has appeared in 87 distinct RetailIntel stories between May 2026 and Oct 2026, most often under retail company and leadership and most frequently linked to Bengaluru, Gurugram and Mumbai.
Brands most often mentioned alongside SoftBank
Lenskart, ADIA, Meesho, Swiggy, Prosus, Goldman Sachs.
Most-cited sources on SoftBank
Inc42 (13 stories), Entrackr · Newsletter (9 stories) and Business Standard · Companies (8 stories).
Sources
Questions about SoftBank
What is SoftBank's current strategy in India?
SoftBank sold a 1.7% stake in Meesho for ₹1,650.40 crore in September 2026.[5] source: The Hindu BusinessLine Its Starfish I sold 2.76 Cr shares for about ₹88.3 Cr in AceVector's IPO offer-for-sale, which closed on 29 September 2026.[1] source: Inc42 Swiggy is removing board nomination rights held by SoftBank and Accel, reported in September 2026.[4] source: ET Retail
Stories that mention SoftBank
SoftBank is named in these stories but is not their subject.
- AceVector files RHP for ₹287 crore IPO, turns free-cash-flow positive in FY26
- SoftBank to sell 1.5% Meesho stake in ₹1,435 crore block deal
- SoftBank sells 2.58% Lenskart stake for ₹2,888 crore, cuts holding to 7.28%
- OfBusiness weighs reviving India IPO worth up to $800M
- Elevation Capital, Peak XV sell 2.3% Meesho stake for ₹1,949 crore in block deals
- Jefferies: Meesho reached $4.5B GMV and 120M monthly users in CY22
- Temasek sells 2.05% Lenskart stake for Rs 1,940 Cr, joining SoftBank and ADIA exits
- Meesho launches Rs 5,421 crore IPO at Rs 105-111 band, valuing e-commerce firm at Rs 50,096 crore
- Cars24 names Infosys CFO Jayesh Sanghrajka as independent director ahead of IPO push