According to three people familiar with the Japanese investor’s internal discussions, SoftBank will focus on deals between $100 million and $200 million in companies. The smaller deals are a far cry from the billion-dollar bets in Flipkart, Ola, Paytm and Oyo that made SoftBank the largest and most influential investor in the startup scene in India. Since then, it has scouted for smaller deals that are below $500 million in value, its typical investment size in the past few years. The focus on smaller deals comes after it hired Sumer Juneja from Norwest Venture Partners, a growth-stage investor, to head its India operations. A major reason why investors such as SoftBank and Alibaba are looking at small deals and early entry into breakout startups is to reduce uncertainty around exits.

Source: Mint June 03, 2019 19:30 UTC