SoftBank Made $1.8-1.9 Bn By Offloading Shares In Four Listed Indian Startups

SoftBank Made $1.8-1.9 Bn By Offloading Shares In Four Listed Indian Startups

SUMMARY

SoftBank still holds $1.1-1.2 Bn worth of shares in its listed portfolio companies

It had invested a total of $2.3-2.4 Bn in four new-age companies- Paytm, Zomato, PB Fintech and Delhivery

Having funded nearly a fifth of India's 100+ unicorns, SoftBank has invested a total of $15 Bn in the country

Japanese investment major SoftBank, which has not been striking any funding deals in India lately and is drawing up to offload stakes in bourse-bound Ola Electric and FirstCry, still holds shares of $1.1-1.2 Bn in its listed portfolio companies here.

As per ET’s report, Softbank has sold stakes worth $1.8-1.9 Bn 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 Bn in these four new-age companies.

No results were found for "".
  • «
  • 1
  • »
modal lock

Continue Reading With A Free Inc42 Account

Get the most out of your Inc42 experience by creating a free account. Enjoy personalized recommendations, ad-lite browsing, and access to our exclusive newsletters.