Japanese tech investor SoftBank's investment in India may fall to a third

Among the deals that SoftBank has completed this year in India are Polygon

Japanese tech investor SoftBank may end up investing around $1 billion in India in 2022, nearly a third of what it did last year, according to people closely tracking its plans. Last year, SoftBank undertook investments of $3.2 billion in 12 deals.

In the first five months of CY22, the giant investor has invested $400-500 million in five deals. In the past five years, it invested $11 billion in the country.

CEO Masayoshi Son recently announced that it had lost about $27 billion in its two Vision Funds for the year that ended in March as many of the major tech companies