“Just this year alone, we have invested $3 billion into India. We are the biggest foreign investors in India. We are providers of about 10% of the funding of all the unicorns—firms valued at $1 billion or more—in India,” Son said.
According to him the Indian companies, where SoftBank is an investor, have created one million jobs. “I believe in the future of India. I believe in the passion of young entrepreneurs in India. There is a bright future. I tell the young people in India—let’s make it happen, I will support,” he said.
SoftBank is among the most bullish investors in Indian startups having backed large startups like Paytm, Ola, Grofers, Oyo and others. In 2021, the company re-invested in ecommerce major Flipkart besides birthing new unicorns like Zeta, Meesho, OfBusiness, among others.
