Japan’s SoftBank Vision Fund to Open its India Office
Japan’s investment major Softbank investment Advisers, which invests through the SoftBank Vision Fund, is looking forward to deepening its play in India’s technology ecosystem, and thus, the company has announced plans to open an office in Mumbai in India.
For this purpose, the company has even roped in Sumer Juneja to lead the same. Norwest Venture Partners’ Sumer Juneja would be joining SoftBank to lead its India investments. Juneja is joining the company after a 9-year stint at Norwest Venture Partners. He has also led and invested in deals like those in Swiggy, Komli Media and Quikr.
“I’m delighted to welcome Sumer to the team; he will play a pivotal role in working with our existing portfolio companies as well as sourcing new opportunities on the ground. India represents an enor...