Japanese tech conglomerate ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/softbank” target=”_blank”>SoftBank Group booked an investment loss of $708 million for its Vision Fund 2 in the January–March quarter, citing the poor performance of Indian listed stocks as a key factor. Food and grocery delivery company rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Swiggy and two-wheeler manufacturer ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ola-electric” target=”_blank”>Ola Electric are the two Indian listed companies in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/softbank-vision-fund” target=”_blank”>SoftBank Vision Fund (SVF) 2’s portfolio.
“…some slowdown and drop in share price in portfolio in India was one of the reasons for that (loss on investments in SVF-2). Hopefully, we will be able to see some good recovery…
