Monday, March 27, 2023
Outlook India
Outlook Business

Vision Fund

The visit is significant for SoftBank, which has been facing losses from its Vision Fund, and comes on the back of a series of stake offloads across listed firms

The Japanese conglomerate had invested $1.6 billion in Paytm and had sold stakes worth $220 billion to $250 billion last year

The Tokyo-based investment company plans to lay off employees from 100 positions across the UK, the US and China operations by early September

He will be assisted by Sarthak Misra and Narendra Rathi, investment directors at Softbank's Indian office