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SoftBank: SoftBank took home $1.8-1.9 billion from four listed portfolio companies

Japanese investor SoftBank has sold stakes worth $1.8-1.9 billion during the public offerings and through post-listing sales in four Indian startups — Paytm, Zomato, PB Fintech and Delhivery — that went public in 2021 and 2022. It had invested a total of $2.3-2.4 billion in these four new-age companies.
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Zomato: Zomato gets fresh GST notices for Rs 4.2 crore; plans to appeal against demands

Zomato said it was issued show-cause notices earlier over these demands and that it had submitted its response. But “authorities in Delhi and Karnataka seem to have issued the above orders dated December 30 and 31, 2023 without giving due consideration to our response submitted earlier”, it said.
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