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1 August 2017

SoftBank's Vision Fund considers flinging $2bn to Flipkart

Despite the breakdown Flipkart's proposed acquisition of SoftBank-backed Snapdeal, Vision Fund is in talks with the online marketplace over an investment of $1.5bn to $2bn.

Author: Robert Lavine, News Editor

SoftBank Vision Fund, the $93bn investment vehicle formed by telecommunications group SoftBank, has begun talks with India-based e-commerce company Flipkart over an investment of up to $2bn, Bloomberg reported today.