“The most impressive investment” made by SoftBank Ventures Korea last year was not a Korean or Japanese startup – it was Balance Hero in India.
Founded in 2014 by Korean expat in India Cheol-won Lee, Balance Hero runs a utility app called True Balance. The app lets users track the credit and data balance of their prepaid phone account, do top-ups, and purchase a new account – even when there’s zero data available. Last year, SoftBank Ventures Korea led the startup’s series A funding round.
And today, SoftBank followed that up with a series B round of $15 million.
Besides SoftBank, new investors,