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SoftBank’s latest investment signals Masa’s brand-new India strategy

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From Left: Sarthak Misra, partner, India, Sumer Juneja, managing partner, India & EMEA, and Narendra Rathi, investment director, SoftBank Investment Advisers

Synopsis

SoftBank Vision Fund has recovered most of the USD10.7 billion it has deployed in India. The world’s leading tech investor has tweaked its investment approach as the growth-stage deal landscape becomes active again.

Small and SoftBank are usually not mentioned in the same breath. But now, the global fund house, historically associated with billion-dollar deals, is open to making investments as small as USD30 million in India. As SoftBank comes out of a two year-hiatus, an uncharacteristically small cheque in wearable startup Ultrahuman would herald a restart, but not necessarily a complete reset. A couple of large deals are also in the making. A tweak,

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