Vision Fund's $2.5bn investment in Flipkart last week, together with its huge bets on Fanatics and Roivant, could indicate where it plans to invest in the longer term.
Vision Fund, the $93bn fund closed by telecommunications and internet firm SoftBank earlier this year, has continued to make a sizeable splash, providing a reported $2.5bn in funding for India-based e-commerce company Flipkart, one of three billion-dollar deals it backed that week.
The amount was “at least” $2.5bn, three separate sources told Indian financial news outlet LiveMint, and Vision Fund acquired new shares as well as some held by hedge fund manager Tiger Global Management. The cash will be…
