Masayoshi Son, the enigmatic leader of Softbank Group which has pumped in over $7.2 billion in India, is now looking for top-dollar valuations, consolidation and payback. The Japanese investment giant is in the midst of two major deals in India which could reshape both the e-commerce and ride-hailing sectors in the country.
Even as the deal that could see US retail major Walmart investing $10-12 billion in Flipkart is steaming ahead, Softbank, which is keen on maximising its returns, is learnt to be pushing its co-investors and management of the Bengaluru-based company to also explore a deal with Amazon.
Sources