SoftBank made its latest foray into India’s growing B2B marketplace sector, as ElasticRun more than tripled its valuation to $1.5bn.

Internet and telecommunications group SoftBank’s Vision Fund 2 has co-led a $330m funding round for ElasticRun, the India-based operator of a business-to-business (B2B) e-commerce platform, the latter has confirmed. The round was co-led with investment banking firm Goldman Sachs’ Asset Management division and also featured internet group Prosus’s corporate venturing unit, Prosus Ventures, along with…

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