Softbank's investments in India may surpass $10 billion.
Softbank currently owns 83 percent of Sprint.
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Japan's Softbank alone has invested $10 Bn
in the Indian startup ecosystem.
Japanese company Softbank has invested around $250 million in Ola Electric Mobility.
Softbank's chief said electricity sales would
generate the revenue needed for further expansion.
This deal will take Softbank's total investment in India to over $6 billion.
Walmart is buying 77 per cent of Flipkart from existing shareholders,
including Japan's Softbank.
Softbank said it would provide up to $3 billion
for the existing shareholders of WeWork.
In the current year 2016, Japan's multinational company Softbank has also invested 7 billion rupees.
Softbank had in 2014 announced plans to invest
$10 billion in India over the next decade.
Softbank Group Corp has decided to invest
$60 billion-$100 billion in solar power generation in India.
He had not clearly stated if Softbank had agreed to sell the stake at such valuations.
For now, the Softbank Group
and affiliated Vision Fund will each invest $500 million in the company.
Japanese investor Softbank paid-off around $1.7 Bn to Neumann to give up the control of the company.
Softbank did not release a forecast for the current business year,
saying there were too many uncertain factors.
Softbank invested at this valuation with a"pref," meaning their money
is the first money out, limiting the downside.
Technology support will be provided by GCL and Softbank will help in obtaining land and regulatory approvals.
Softbank had invested $2.5 billion in Flipkart
and exiting the company would fetch it up to $4.5 billion.
Ola is expanding in Australia, and for now Softbank hasn't stopped it from encroaching into Uber's territory.
The Softbank Vision Fund looks into three broad aspects before investing-
the market opportunity, the business, and the founders.
Paytm operates in Canada, and is partnering with Softbank to launch online payments in Japan later this year.
Last year, Ng launched the $175 million AI Fund, backed by big
names like Sequoia, NEA, Greylock and Softbank.
Softbank's Son said the 200 GW of solar would
cut electricity costs by $40 billion while creating some 100,000 jobs.
A couple of months late, its chief investor Softbank revealed plans to pivot Ola into an electric car manufacturer.
Softbank, the main investor in Snapdeal, has written off its investments in
the company twice over the past nine months.
Softbank has not released a forecast for the current
business year ending March, saying there are too many uncertain factors.
A couple of months later, its chief investor Softbank revealed plans to pivot Ola into an electric car manufacturer.
Realty portals PropTiger, Housing and Makaan are part of Singapore-based Elara Technologies,
which is backed by News Corp and Softbank.