SoftBank has deployed $3 billion in India this year, can invest up to $10 billion in 2022

SoftBank has deployed $3 billion in India this year, can invest up to $10 billion in 2022

2 years ago
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https://techcrunch.com/2021/11/11/softbank-has-deployed-3-billion-in-india-this-year-can-invest-up-to-10-billion-in-2022/

SoftBank Group chief executive Rajeev Misra said the fund has invested $3 billion in Indian companies this year and can invest $5 billion to $10 billion next year, the latest aggressive play by a top investment firm in the South Asian nation, where young firms have raised over a record $20 billion this year.

“If we find the right companies, we could invest $5 billion to $10 billion in 2022,” said Misra at a virtual conference on Thursday, adding the caveat that SoftBank will explore such opportunities “at the right valuations.”