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SoftBank plans to go big in India in 2022

When SoftBank and Tiger Global Combine! – Tekedia Forum – Tekedia

Japanese SoftBank plans to go big in India in 2022 with a $10 billion investment. If Africa can attract 10% of that, it would be a great party.

SoftBank has invested over $3 billion this year in Indian startups this year, from social commerce firm Meesho to software firm Mindtickle.

While the IPO environment for internet startups is more aggressive than ever, it will cool down once pent up demand is satisfied, said Misra, CEO of SoftBank Investment Advisers speaking at the Bloomberg India Economic Forum . If opportunities are good, SoftBank could invest upto $10 billion even though it is cutting smaller cheques than before.