SoftBank Vision Fund is set to turn its $2.5 billion August investment in Flipkart to about $4 billion in less than eight months. The ink is barely dry on SoftBank Vision Fund’s purchase of a stake in Flipkart Online Services Pvt. Masayoshi Son seemed so keen on the Indian e-commerce startup that he threw $2.5 billion at it in August. Should the deal go through, Flipkart would be valued at around $20 billion, up from $12 billion last year. With such a deal, SoftBank would be putting the flip in Flipkart, but showing that its Vision Fund lacks vision.

Source: Mint April 23, 2018 14:15 UTC