Startup India: SoftBank to scale up investment in India to $10b. Masayoshi Son says startups must consolidate before listing

Startup India: SoftBank to scale up investment in India to $10b. Masayoshi Son says startups must consolidate before listing

REUTERS/Toru Hanai

Indian startups should look to consolidate their position in the first five to ten years of their operations and not rush for filing an initial public offering to get access to the equity market, Softbank head Masayoshi Son said on Saturday.

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