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August 10, 2017 08:42 am GMT
SoftBank missed out on getting a piece of Flipkart when its deal to acquire Snapdeal, the e-commerce firm which SoftBank backed in 2015, fell apart last month, but the Japanese tech giant has finally got there. Flipkart today confirmed that SoftBank has invested in its business, via its $100 billion Vision Fund, as part of an extension to the $1.4 billion financing round which was announced… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/kP_Mls7uz98/
SoftBanks Vision Fund backs Flipkart in record India tech investment
SoftBank missed out on getting a piece of Flipkart when its deal to acquire Snapdeal, the e-commerce firm which SoftBank backed in 2015, fell apart last month, but the Japanese tech giant has finally got there. Flipkart today confirmed that SoftBank has invested in its business, via its $100 billion Vision Fund, as part of an extension to the $1.4 billion financing round which was announced… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/kP_Mls7uz98/
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