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

Aug 1, 2017 • Robert Lavine

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.

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.

Vision Fund is considering providing between $1.5bn and $2bn, according to people familiar with the matter. About half of the cash would go directly to Flipkart while the remaining funds would be used to buy stock from investment firm Tiger Global Management.

Founded in 2007, Flipkart runs a diversified online…

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