Tuesday, 11 December 2018

Softbank invests $837 million in India

By Mary Lennighan, Total Telecom
Tuesday 28 October 14

Japanese telco announces deals with Snapdeal and Ola Cabs as part of plan to invest billions of dollars in India.

Softbank on Tuesday announced that it will invest a total of US$837 million in two Indian companies, a move that could be part of a significantly larger spending plan in the country. The Japanese firm said it will become the largest investor in Indian online retailer Snapdeal by ploughing $627 million into the firm…

Softbank on Tuesday announced that it will invest a total of US$837 million in two Indian companies, a move that could be part of a significantly larger spending plan in the country. The Japanese firm said it will become the largest investor in Indian online retailer Snapdeal by ploughing $627 million into the firm…

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