Softbank CEO Masayoshi Son who has already invested over $4-5 billion in over 15 deals in India through the group’s second Vision Fund, will be looking for smaller ticket sizes, lower equity holding, and more numbers than what it bet on through its previous fund (the first Vision Fund), say sources in the know.
He will prefer not leading a consortium of investors in the follow up rounds, say sources. In an internal memo on Thursday, Softbank said Son will now oversee the running of the second Vision Fund instead of Rajeev Misra, head of Softbank Group’s mega