Softbank plans to invest $2-4 b more in India in 2 years

NEW DELHI: SoftBank Vision Fund will invest $2-4 billion in India over the next two years as it looks to bet on sectors such as financial services, a top company executive said. This is a significant move away from internet and tech-based businesses that the fund has favoured here and globally.

Rajeev Misra, director and executive vice president at Soft-Bank Group Corp who heads the SoftBank Vision Fund (SVF), told ET in an exclusive interview that the Japanese group will also help bring more than 20 companies to India from its present portfolio by way of joint venture partnerships which they will strike with local businesses here.