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Startup Digest: SoftBank plans Vision Fund job cuts, upGrad raises $210M in latest funding & Paytm at near 6-month high as quarterly revenue surges 89%

Startup Digest brings you a quick wrap of all the news that matters in this space.Here are the top headlines from the startup space.SoftBank CEO pledges cost cuts after $23.4Bn loss: ReportSoftBank’s CEO Masayoshi Son plans widespread cost cutting at his Japanese conglomerate and its Vision Fund investment arm after a record USD 23.4 billion loss on plunging portfolio valuations and foreign currency losses, Bloomberg News reported.Son said he will review ‘everything’ for potential cuts without any ‘sacred cows.