Stay updated with breaking news from Softbank Vision. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Forbes will host its third annual Forbes Iconoclast Summit on June 20, 2024 in New York City.
Magic circle firm secures third Middle East base as dozens of law firms eye business linked to Saudi wealth
SoftBank had invested close to $200 million in PB Fintech and sold its remaining stake in a mid-December transaction for about Rs 914 crore (or $109 million).
In December 2023, SoftBank sold a 2.5 per cent stake in PolicyBazaar's parent firm PB Fintech for Rs 914 crore through open market transactions.
Japanese investor SoftBank has sold stakes worth $1.8-1.9 billion during the public offerings and through post-listing sales in four Indian startups — Paytm, Zomato, PB Fintech and Delhivery — that went public in 2021 and 2022. It had invested a total of $2.3-2.4 billion in these four new-age companies.