softbank, softbank india investments, indian startups, unicorns, india infinity forum
Agencies

SoftBank CEO Masayoshi Son.

Bengaluru: SoftBank founder and CEO Masayoshi Son said the Japanese firm is the biggest foreign investor in India and has already invested around $14 billion here over the last 10 years. Son, while speaking at the India Infinity Forum, said he had met Prime Minister Narendra Modi a few years ago and made a commitment to invest $5 billion in India.
“Just this year alone, we have invested $3 billion into India. We are the biggest foreign investors in India. We are providers of about 10% of the funding of all the unicorns—firms valued at $1 billion or more—in India,” Son said.
According to him the Indian companies, where SoftBank is an investor, have created one million jobs. “I believe in the future of India. I believe in the passion of young entrepreneurs in India. There is a bright future. I tell the young people in India—let’s make it happen, I will support,” he said.
SoftBank is among the most bullish investors in Indian startups having backed large startups like Paytm, Ola, Grofers, Oyo and others. In 2021, the company re-invested in ecommerce major Flipkart besides birthing new unicorns like Zeta, Meesho, OfBusiness, among others.

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