SoftBank Group Corp, a Japanese technology and telecoms conglomerate has transferred its 40% shareholding in InMobi to Softbank Vision Fund (SVF) 2. The $30 billion capital of SVF2 comes from SoftBank only.
The IPO includes an offer for sale of INR 3500 crore by the promoters, and a fresh issue of INR 1,400-1,500 crore worth of shares. Axis Capital, ICICI Securities, HSBC Securities, SBI Capital Markets, and JP Morgan are the investment bankers for this issue.
“The internship placements were held online and 537 students from PGDM (Core), PGDM (BKFS), PGDM (HR), PGDM (MKT) were placed successfully. The strong performance is a testimony of TAPMI’s industry-relevant curriculum."- Director TAPMI
Following the merger of CarTrade with Carwale in January 2016, CarTrade is India’s largest auto classifieds platform. The combined company has about 15 million unique customers per month, a leadership in both used and new cars and partner with approximately 8,000 new and used car dealer partners.