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