Thursday, March 28

Tag: Kabir Misra

SoftBank’s Kabir Misra Plans to Launch a Startup Fund
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SoftBank’s Kabir Misra Plans to Launch a Startup Fund

SoftBank’s managing partner Kabir Misra is reportedly in the advanced stages of launching a startup fund worth $200-250 million, which will focus on startups situated out of India, USA and Southeast Asia. According to the anonymous statements, Misra will make early-stage to mid-stage investments in US, India and Southeast Asia. Softbank will be the anchor limited partner in the deal. “While SoftBank is likely to be on the advisory board of the new fund, it will look at sub-$20 million investments to avoid conflicts with the SoftBank Vision Fund,” stated a report. It has also been reported that after the closing of the fund, Kabir Misra will resign from his position in SoftBank, because of some personal reasons. The fund’s motive is to basically give importance to the mid-stage investm...