trending Market Intelligence /marketintelligence/en/news-insights/trending/XLF6Lcp7aYqqIVay1nxXgQ2 content esgSubNav
In This List

SoftBank Vision Fund makes record investment in India's Flipkart

Podcast

Next in Tech | Episode 101 Data on Datacenters

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share


SoftBank Vision Fund makes record investment in India's Flipkart

SoftBank Group Corp.'s SoftBank Vision Fund will become one of the largest shareholders in Flipkart India Pte. Ltd. following an investment comprising primary and secondary capital, the Indian e-commerce marketplace said.

The investment is the largest private investment in an Indian tech firm. SoftBank Vision Fund joins Tencent Holdings Ltd., eBay Inc. and Microsoft Corp. as investors in Flipkart, with the Indian firm reaching more than $4 billion in cash on its balance sheet.

Founded in 2007, Flipkart offers more than 80 million products across over 80 categories on its platform.