SoftBank's Upcoming IPOs to Unlock $1.5 Billion in Value

- SoftBank Vision Fund is set to gain significantly from upcoming startup IPOs in India, including Ola Electric, FirstCry, Unicommerce, and Swiggy. - Ola Electric, FirstCry, and Unicommerce are expected to list within the next two weeks, with SoftBank holding substantial stakes in these companies. - SoftBank's shares in Ola Electric and FirstCry are valued at about $1.5 billion, while its stake in Unicommerce is worth $42 million. In Swiggy, SoftBank's shares are valued between $700-800 million. - The fund has invested $10.7 billion in India but has paused new investments since mid-2022, focusing instead on artificial intelligence. - SoftBank has already cashed out over $7 billion from various exits, including $4 billion from Flipkart and partial sales in Lenskart, with significant returns from Paytm, Zomato, and Policybazaar. Source: The Arc