# SoftBank Type: Company (SFTBY) Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/softbank Canonical HTML page: https://getstartupbrief.com/entity/softbank ## Timeline - **2026-06-30**: Updated DRHP Filed — Public filing of updated draft red herring prospectus for Rs 6,650 crore fresh issue IPO. - **2026-06**: SEBI Approval — SEBI approved the IPO proposal earlier this month. - **2026-03-20**: Expansion Talks — Project Prometheus enters talks to raise an additional $6B to scale operations. - **2026-03-19**: $100B Fund Reveal — Reports surface of Bezos pitching a massive manufacturing acquisition fund to global investors. - **2026-03-12**: IPO Pricing — PayPay officially prices its IPO at $16 per share, below the original range. - **2026-03-11**: Pricing Revision — Reports emerge that the company is eyeing the lower end of its target range due to market conditions. - **2026-03-02**: Initial Range Set — PayPay announces an initial IPO price range of $17 to $20 per share. - **2026-03-02**: Roadshow Delayed — Geopolitical drama and market volatility lead to a temporary pause in investor meetings. - **2025-12**: Confidential DRHP Filing — PRISM submitted confidential draft papers to SEBI for the current IPO. - **2025-11-01**: Prometheus Founded — Bezos and Vik Bajaj launch Project Prometheus with $6.2B in initial capital. - **2025-09**: Name Change to PRISM — Oravel Stays rebranded to PRISM to reflect global portfolio across stays and co-working. - **2024**: G6 Hospitality Acquisition — Acquired Motel 6 and Studio 6 brands from Blackstone for US expansion. - **2023**: Confidential DRHP Pre-filed — Company pre-filed draft IPO papers but did not proceed with the public issue. - **2021-09**: First DRHP Filed — OYO filed a $1.2 billion IPO at an $11-12 billion valuation, later postponed due to market conditions. - **2021-07-05**: Amazon Transition — Jeff Bezos steps down as CEO of Amazon to focus on other ventures. ## Recent coverage (8 stories) ### After 3 IPO Attempts, OYO Parent PRISM Eyes $7-8 Bn Valuation 2026-06-30 06:41:30 · Sentiment: Bullish · Impact: 7/10 · Sources: 2 PRISM, having raised $3.7 billion and pivoted to profitability, files its third IPO attempt at a $7-8 billion valuation—down from $11-12 billion. SoftBank retains 40% as the company seeks to go public without investor exits. Full story: https://getstartupbrief.com/story/prism-ipo-startups-journey ### Agility Robotics’ $2.5B SPAC merger is a startup watershed for humanoid labor 2026-06-28 10:35:50 · Sentiment: Very Bullish · Impact: 8/10 · Sources: 4 Agility Robotics’ $2.5B SPAC deal with Churchill Capital marks a landmark exit path for robotics startups, fueled by elite investors like Amazon and Nvidia. It validates the market for humanoid labor as an investable category. Full story: https://getstartupbrief.com/story/agility-robotics-ipo-startup-impact ### Bezos Eyes $100B "Manufacturing Transformation" Fund to Automate Industry 2026-03-21 00:17:20 · Sentiment: Neutral · Impact: 8/10 · Sources: 4 Jeff Bezos is in preliminary talks to raise a massive $100 billion fund aimed at acquiring manufacturing companies and overhauling them with advanced AI. The initiative, closely linked to his new startup Project Prometheus, targets critical sectors including chipmaking, defense, and aerospace. Full story: https://getstartupbrief.com/story/bezos-100-billion-manufacturing-ai-fund-prometheus ### SoftBank’s PayPay Prices US IPO at $16, Falling Below Initial Target Range 2026-03-12 04:42:52 · Sentiment: Neutral · Impact: 7/10 · Sources: 2 Japanese digital wallet leader PayPay has priced its U.S. initial public offering at $16 per share, missing its original $17 to $20 target range. Despite the conservative pricing, the $880 million debut is bolstered by $220 million in anchor commitments from Visa and major sovereign wealth funds. Full story: https://getstartupbrief.com/story/softbank-paypay-ipo-pricing-analysis ### OpenAI Secures Historic $110B Round at $840B Valuation 2026-02-27 18:09:56 · Sentiment: Very Bullish · Impact: 9/10 · Sources: 3 OpenAI has finalized a record-breaking $110 billion funding round, catapulting its valuation to $840 billion. Backed by industry titans like NVIDIA, Amazon, and SoftBank, this capital injection signals an unprecedented escalation in the global race for Artificial General Intelligence (AGI). Full story: https://getstartupbrief.com/story/openai-110-billion-funding-round-valuation ### OpenAI Secures Historic $110B Funding Round at $730B Valuation 2026-02-27 16:22:14 · Sentiment: Very Bullish · Impact: 9/10 · Sources: 2 OpenAI has finalized a record-breaking $110 billion investment round led by Amazon, Nvidia, and SoftBank, propelling its valuation to a staggering $730 billion. This massive capital infusion underscores the escalating infrastructure costs of the AGI race and signals a major strategic shift as Amazon becomes a primary backer. Full story: https://getstartupbrief.com/story/openai-110-billion-funding-amazon-nvidia-softbank ### OpenAI Secures Historic $110B Round at $730B Valuation from Tech Giants 2026-02-27 14:36:53 · Sentiment: Very Bullish · Impact: 9/10 · Sources: 2 OpenAI has finalized a monumental $110 billion funding round led by Amazon, Nvidia, and SoftBank, catapulting its valuation to $730 billion. This capital injection represents the largest private financing event in tech history, signaling a massive consolidation of resources in the race for artificial general intelligence. Full story: https://getstartupbrief.com/story/openai-110-billion-funding-round-amazon-nvidia-softbank ### Nvidia Pivots to $30B OpenAI Equity Stake, Scrapping $100B Compute Pact 2026-02-20 12:23:08 · Sentiment: Bullish · Impact: 8/10 · Sources: 2 Nvidia is restructuring its massive commitment to OpenAI, shifting from a $100 billion multi-year compute partnership to a $30 billion direct equity investment. This move comes amid a broader $100 billion funding round that could value the AI leader at over $830 billion. Full story: https://getstartupbrief.com/story/nvidia-openai-30b-investment-restructuring --- This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getstartupbrief.com/guides/methodology for the full editorial methodology.