CEO Masayoshi Son has said that its joint fund with the government of Saudi Arabia is set to be oversubscribed as SoftBank re-affirms its commitment to invest $10bn in India.

Masayoshi Son, chief executive of telecoms and internet group SoftBank, has said the company’s $100bn fund launched with Saudi Arabia’s government is set to be oversubscribed, Bloomberg reported on Friday.

Son made the announcement at an event in New Delhi, visiting the city after stopping over in Saudi Arabia. He did not reveal additional details about investors, however.

The vehicle, dubbed SoftBank Vision Fund, was launched in October 2016, when SoftBank said it would commit a total of $25bn…