SoftBank to resume investing in Indian startups after 18-month hiatus

Japanese conglomerate SoftBank is preparing itself again to invest in Indian startups after a dry funding spell of nearly 18 months.

SoftBank will soon resume signing deals with Indian startups, Sumer Juneja, head of India and EMEA at SoftBank Investment Advisers, told Moneycontrol.

Juneja’s statement comes as investors across the board tighten their purse strings and tread gingerly on the companies in which they are seeking to invest. Even late-stage investors such as Tiger Global, Prosus, and Alpha Wave have remained on the back foot.