SoftBank plans to set up third Vision Fund
Business Standard|September 15, 2022
SoftBank Group founder Masayoshi Son has revived discussions of setting up a third Vision Fund, weeks after apologizing for the disappointing performance of his first two funds, according to people familiar with the matter.
- PETER ELSTROM, TAKAHIKO HYUGA & ANTO ANTONY
SoftBank plans to set up third Vision Fund

The 65-year-old entrepreneur has raised billions of dollars in cash recently and sees another start-up fund as one of several possible priorities for the money, said the people. It's not yet clear how much capital Son would want to inject into a third fund, they said. The first Vision Fund was slightly less than $100 billion with outside investors, such as Saudi Arabia's Public Investment Fund, while the second has over $40 billion and was solely financed by SoftBank.

A SoftBank spokesman did not comment.

この蚘事は Business Standard の September 15, 2022 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Business Standard の September 15, 2022 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、8,500 以䞊の雑誌や新聞にアクセスしおください。

BUSINESS STANDARDのその他の蚘事すべお衚瀺
Business Standard

NSE shares up after bonus, dividend

The National Stock Exchange (NSE), the country's top bourse, has seen its market value soar by nearly 85,000 crore to 3.21 trillion after declaration of a four-for-one bonus issue and dividend of ₹90 per share.

time-read
1 min  |
May 11, 2024
China is the story of moment in EM equities: Wood
Business Standard

China is the story of moment in EM equities: Wood

Christopher Wood, global head of equity strategy at Jefferies, is turning bullish on Chinese equities and believes China is the story of the moment in the emerging market equity space as things stand.

time-read
2 分  |
May 11, 2024
Business Standard

Sebi cracks whip on 2nd SME, bars promoter for diverting IPO funds

The Securities and Exchange Board of India (Sebi) on Friday barred Varanium Cloud and its managing director for allegedly diverting funds raised through initial public offer (IPO) to other entities and other fraudulent practices, the second such action by the markets regulator within a week.

time-read
1 min  |
May 11, 2024
Business Standard

Spike in SIP churn as investors rebalance

Registrations rose 48% in April, account closures 42%; experts say rotation at play

time-read
2 分  |
May 11, 2024
Business Standard

Ensure donations claimed in tax returns match Form 10BE figures

Retain Form 10BE and related documents for at least 4 years to validate Section 80G claims

time-read
2 分  |
May 11, 2024
SBI remains a bankable bet for long-term gains
Business Standard

SBI remains a bankable bet for long-term gains

Seen rising 22% over next year, but rally could be gradual, given rich valuations

time-read
2 分  |
May 11, 2024
Business Standard

Ahead of Paris Olympics, will Schengen visa woes ease?

Ahead of the 2024 Paris Olympics, which begin on July 26, more and more Indians are charting out trips to the Schengen countries, but the going hasn't been smooth.

time-read
3 分  |
May 11, 2024
The case of 'missing' numbers in CSR data
Business Standard

The case of 'missing' numbers in CSR data

Companies listed on the NSE spent a record ₹15,524 cr on CSR programmes in 2022-23

time-read
1 min  |
May 11, 2024
A NEW MAUL GAME
Business Standard

A NEW MAUL GAME

Batters are mauling bowlers this IPL like never before, as the impact player rule effectively gives every team 12 players. Where is it taking the game?

time-read
5 分  |
May 11, 2024
IIP growth slows to 4.9% in March
Business Standard

IIP growth slows to 4.9% in March

Drop comes on the back of slowdown in mining output SHIVA

time-read
1 min  |
May 11, 2024