Masayoshi Son’s Softbank Vision Fund find new investment opportunity in Delhivery

Finance written on paper

Masayoshi Son is a personality that believes in the future and future only. He does not care what the business a company is practicing or how it is practicing, he only cares about numbers and the future of the company. He has invested in a lot of companies and calling him only a billionaire at this point will be an understatement. That said, his company Softbank is one of the biggest investors in the world. The reason for it is that man Masayoshi Son.

Son has such a powerful personality that he once convinced the Deputy crown prince of Saudi Arabia to invest $45 billion in 45 minutes. This is the reason Softbank and its vision fund is the world’s biggest pool of money. There are a lot of investors involved in the vision fund, which consists of $100 billion, but Son’s leadership quality is the thing that makes it worth. The eye for investment is crucial and Son might just be the epitome of the same.

That said, Softbank is the largest investor in India. It has invested more than $10 billion in Indian startups. There is another investment from the company and it is acquiring a lot of stake for the same. Delhivery is where the eyes of Softbank are at the moment. It is an e-commerce logistics startup which provides major companies solutions for their logistics problems. It was founded in 2011 by five people.

The company started out slowly by only delivering flowers locally in Gurgaon. Now is one of the biggest third-party logistics provider in the country. The journey was seven years long and now they have found some of the big names investing in them. Softbank was looking for 37.87% stake in the company for $450 million.

Softbank was waiting for the acceptance of Competition Committee of India (CCI). There were two steps to this stake acquisition, first was to subscribe 22.44% of the total share capital and then after completing the first step, the acquisition of 37.87% stake in the Indian Startup. The CCI has now accepted and approved it so the company can go forward with the same.

Carlyle Group is also investing with Softbank and there are a bunch of other existing investors which have invested in the company. Tiger Global, Nexus Venture Partners, Times Internet, Times Group and many more.

Delhivery has a strong backing but they have got a shark behind them in the name of Softbank Vision Fund. The company invests bravely and brings a lot to the table. It will only help the company in the long run. Delhivery has 24000 plus employees and they are looking to expand. These investments will only help them get better.

Delhivery is also looking at IPO for a better part of a year now. Softbank has another company which is looking at IPO and that is PolicyBazaar. That said, these investments, however, suggest a lot of things and one of the major things is that it is looking to stay private.

-Unmesh Phule

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