The announcement from the investment giant's CEO comes on the heels of SoftBank posting a record $13 billion annual loss in FY22 with some of its major portfolio companies seeing a significant drag.
SoftBank Vision Fund invested $2 billion into India startups this year: Rajeev Misra
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“The key is to find interesting companies where we like the founder and the valuation,” SoftBank Vision Fund CEO Rajeev Misra says, adding that the cash deployment in India this year was quite a big number .
ETtech
SoftBank Vision Fund CEO Rajeev Misra. The Vision Fund is estimated to have invested around $15-18 billion globally, and about 15-20% of that has come to India. (Illustration: Rahul Awasthi/ETtech)
Bengaluru | Mumbai:SoftBank Vision Fund has deployed $2 billion in India over the first five months of the year, and will continue to back technology businesses which are seeing improved unit economics buoyed by the growing digital adoption on the back of the Covid-19 pandemic, Rajeev Misra, the chief executive of the Japanese fund, told ET in an interview.