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SoftBank Vision Fund invested $2 billion into India startups this year: Rajeev Misra

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. ....

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SoftBank lines up over $1 billion in Q1 to fuel startup boom

SoftBank lines up over $1 billion in Q1 to fuel startup boom
© Provided by The Times of India
BENGALURU: India’s internet economy is booming with marquee global investors putting money here like never before.
At a time like this, SoftBank, one of the most influential tech investors, can’t stay quiet for too long. It is set to invest close to $1.2 billion in Indian startups in the first quarter of the current financial year, two sources aware of the matter said.
This is in line with SoftBank’s global approach where it made several big-ticket investments in tech startups last week. ....

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PM Modi to meet India Inc today in a webinar to discuss PLI scheme

Updated: Mar 5, 2021, 06:08 AM IST
Prime Minister Narendra Modi today will the heads of India Inc to deliberate on various production-linked incentive (PLI) schemes. These schemes were announced with the intention to minimize the effects of COVID-19 pandemic and draw investments from large companies and boost manufacturing.
As many as 42 industry heads are invited for this webinar with the Prime Minister. This virtual meeting will be attended by N Chandrasekaran (Tata Sons), RC Bhargava (Maruti Suzuki India), Sajjan Jindal (JSW Steel), TV Narendran (Tata Steel), Gopal Vittal (Bharti Airtel), Pawan Goenka (M&M) and Sangita Reddy (Apollo Hospitals), Satish reddy (Dr Reddy’s), Manish Sharma (Panasonic India), Manoj Kohli (SoftBank India), Hemant malik (ITC) and RS Sodhi (Amul). ....

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Make in India, make for the world, says PM Modi to industry

Make in India, make for the world, says PM Modi to industry
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Tiktok India को खरीद सकता है InMobi, लेकिन लेनी होगी भारत और चीन सरकार से मंजूरी: Report Tiktok Ban, ByteDance may sell Tiktok India operations to InMobi

Tiktok India को खरीद सकता है InMobi, लेकिन लेनी होगी भारत और चीन सरकार से मंजूरी: Report Tiktok Ban, ByteDance may sell Tiktok India operations to InMobi
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

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