SoftBanks $42 billion portfolio companies gear up for IPOs

Name: SoftBanks $42 billion portfolio companies gear up for IPOs
Uploaded: 2023-08-09T18:33:01+05:30
Duration: 2 min 15 s
Description: SoftBank`s portfolio companies, valued at $42 billion, are gearing up for IPOs. FirstCry is expected to file draft papers by the end of 2023. SoftBank`s Vision Fund is set to begin investing again after a prolonged period of inactivity. The investment firm is looking to take new bets in AI-focused companies with high growth across India, Europe, Latin America, and the US.

SoftBank's portfolio companies, valued at $42 billion, are gearing up for IPOs. FirstCry is expected to file draft papers by the end of 2023. SoftBank's Vision Fund is set to begin investing again after a prolonged period of inactivity. The investment firm is looking to take new bets in AI-focused companies with high growth across India, Europe, Latin America, and the US.

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Written By: Zee Business Video Team

Updated on: August 09, 2023, 06.33 PM IST