SoftBank Vision Fund, Chetan Maini’s Sun Mobility in talks for $100m investment

Sun Mobility, which makes smart car batteries, is the latest venture of Chetan Maini (in photo) who founded Reva Electric. Photo: Hemant Mishra/Mint

SoftBank Vision Fund, the $100 billion technology investment fund of Japan’s SoftBank Group, is in early talks to invest as much as $100 million in Reva Electric founder Chetan Maini’s latest venture Sun Mobility, said two people aware of the development.

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