Softbank
News Discussion
By · Journalist
SoftBank's Vision Fund Unit Back in Black with $220 Million Gain in June Quarter
- SoftBank's Vision Fund unit recorded a $220 million gain in the April-June period, reversing a $300 million loss from the previous quarter.
- The Vision Fund 1 saw its holdings increase by $2.8 billion, while Vision Fund 2 experienced a $2.6 billion loss during the same period.
- The unit sold investments worth $0.84 billion in the first quarter, including full exits from companies like SenseTime and Paytm.
- Three of SoftBank's Indian portfolio companies are in the middle of IPOs, with shares worth Rs 1,287 crore ($153 million) being sold.
- SoftBank's portfolio includes Indian tech unicorns such as Ola, Delhivery, Paytm, Policybazaar, and Meesho.
Source: [Moneycontrol](https://www.moneycontrol.com/technology/softbanks-vision-fund-unit-back-in-black-in-june-quarter-with-220-million-gain-article-12789527.html)
4
0
Share
Indian Startups
By · Product Manager
Meesho raised funds from Softbank and Tiger. Sign of funding winter ending soon?
9
1
Share