SoftBank Vision Fund to Invest up to USD400m in India’s FirstCry

Source(s): Entrackr

The SoftBank Vision Fund invested USD300m in India-based baby product retailer FirstCry. SoftBank has plans to commit a second tranche worth an additional USD100m in January 2021. According to Entrackr, the company is estimated to be valued at USD1.2b, making it the latest unicorn out of India. Read more»