It had pumped in $2.5 billion into e-commerce platform Flipkart through its Vision Fund. However, with SoftBank Ventures Asia, the focus is on early-stage investments, including Series B and beyond, which is a clear departure from SoftBank’s strategy. And, besides SoftBank Ventures Asia, the group has a few other funds looking at early-stage investments. “SoftBank’s Vision Fund is a global fund with different objectives. The early-stage fund is just one of their businesses in the larger scheme of things."

Source: Mint May 09, 2019 17:26 UTC