SoftBank’s second vision fund to provide fillip to Indian startups, say experts

SoftBank’s second vision fund to provide fillip to Indian startups, say experts

Pedestrians walk past a SoftBank Group Corp. store in Tokyo, Japan. Photographer: Tomohiro Ohsumi

A second massive Vision Fund from Japanese conglomerate SoftBank Group Corp. would provide further fillip to Indian start-ups trying to build large businesses, experts say.

The fact that SoftBank chief executive Masayoshi Son has already written multi-billion dollar cheques in India from his first Vision Fund and has benefited from the investments indicate that the Indian market would continue to be a major focus for the next fund too. At a conference in Tokyo last month, Son said SoftBank would launch another Vision Fund soon without disclosing the size of the fund or when the company proposes to raise it.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter