The SoftBank Vision Fund, the largest technology investment fund in the world, has set its sights on India. In August, the fund added another Indian tech firm to its growing portfolio: It spent $2.5 billion to buy a 20% stake in Flipkart, India’s largest online retailer and its most valuable startup. The deal is the biggest private investment so far in India’s consumer technology sector — and the fund is just getting started. Indian firms will comprise “a big part” of its investments, said Vision Fund CEO Rajeev Misra in a recent media interview. “We are just beginning.”
