Believe in bright future of India, passion of its young entrepreneurs, says SoftBank’s Masayoshi Son

Speaking at the InFinity Forum, Son, the chief executive of Japanese tech conglomerate SoftBank, said the group is the biggest foreign investor in India.

softbank son
Outlining SoftBank's commitment to India, Son said this year alone, the group has invested USD 3 billion in the country. (File)

Billionaire investor Masayoshi Son on Friday said he believes in the bright future of India and the passion of its young entrepreneurs and noted that SoftBank Group has infused USD 3 billion into the country this year alone, underlining commitment to the market.

Speaking at the InFinity Forum, Son, the chief executive of Japanese tech conglomerate SoftBank, said the group is the biggest foreign investor in India.

“We provided about 10 per cent of the funding of all of the unicorns in India…I believe in the future of India. I believe in the passion of young entrepreneurs in India,” he said.

India “will be great” with a “bright future”, he said.

“I tell to young people in India, let us make it happen. I will support,” Son said.

Outlining SoftBank’s commitment to India, Son said this year alone, the group has invested USD 3 billion in the country.

SoftBank has been aggressively investing in India over the past few years, backing companies like Paytm, Ola and Delhivery. It has also invested in Flipkart and Meesho.

 

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express Telegram Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.