Masayoshi Son-led SoftBank Group Corp. could put more than $4 billion to work in India in 2021 across myriad technology bets, including software as a service (SaaS), B2B marketplaces, e-commerce, health-tech and ed-tech. The investments will come from Japanese company’s Vision Fund 2, which has an investment outlay of up to $30 billion for the current calendar year. “In India, we’ve already invested more than $2 billion in 8-9 companies in the first five months of this year…a few deals are yet to be announced. And we will continue to invest if we find the right opportunities. We anticipate investing a similar size in the remainder of this year,” SoftBank Vision Fund chief executive officer Rajeev Misra said in an interview from London. Among its new bets this year, Vision Fund 2 led a $300 million investment in Meesho in April, catapulting the social commerce platform’s post-money valuation to $2.1 billion.
United States
NIAASC HOLDS ITS 33RD CONFERENCE IN CHICAGO ON MENTAL, PHYSICAL AND SPIRITUAL HEALTH
CHICAGO (TIP): National Indo-American Association for Senior Citizens (NIAASC) held its 33rd Conference on 26th Aug 2022 in Naperville, Chicago in collaboration with Metropolitan Asian Family Services (MAFS) on Mental, Physical and SpiritualHealth. The conference […]
NY/NJ/CT
Legislators-Elect Davis and Koslow Ring in Holiday Season At Nassau Coliseum Toys for Tots Drive
UNIONDALE, N.Y. (TIP): Nassau County Legislators-Elect Scott Davis (D-Rockville Centre) and Seth Koslow (D – Merrick) rang in the holiday season at one of the nation’s largest one-day Toys for Tots collection drives, which was […]
Indian Americans
Indian-origin Raja Rajamannar among Insider’s most innovative CMOs of 2023
NEW YORK (TIP): Raja Rajamannar is among Insider Magazine’s Top 25 Most Innovative Chief Marketing Officers. “These CMOs are meeting the marketing world’s biggest challenges”, the magazine said announcing its annual list. “This year, they’ve […]
Be the first to comment