Late stage fund research profile
SoftBank Vision Fund is a large-scale technology investor whose India activity has concentrated on late-stage and growth companies in consumer internet, fintech, logistics and mobility. The India book has produced several listed-company exits while remaining exposed to the volatility of high-growth technology markets.
At a glance
Research profile
Open a section to inspect the evidence. The first view starts with the investment point of view; the rest stays quiet until you need it.
Investment lens
SoftBank Vision Fund (India) uses a late stage / growth approach across Consumer internet, fintech, logistics.
Current evidence
SoftBank's FY2025 investor materials continued to identify Swiggy among the Vision Fund's large Indian technology IPO exposures and reported ongoing Vision Fund portfolio performance.
Strategy
Late stage / growth
Sector focus
Consumer internet, fintech, logistics
AIF structure context
Indian venture capital and angel-fund strategies are commonly structured as Category I AIFs. Verify the specific vehicle and registration before investing.
Current signal
SoftBank's FY2025 investor materials continued to identify Swiggy among the Vision Fund's large Indian technology IPO exposures and reported ongoing Vision Fund portfolio performance.
Investor questions
SoftBank Vision Fund (India) is covered in Rupeia's venture capital research universe. The current public record describes the strategy as Late stage / growth, with a sector focus of Consumer internet, fintech, logistics. The profile should be read with the linked source trail and Typical route: Category I AIF context.
The profile displays only company or asset names attributable to SoftBank Vision Fund (India) in the reviewed public sources: Swiggy, Ola Electric, Lenskart, FirstCry, Delhivery, Policybazaar, Paytm, Zomato, Meesho, BlackBuck. It does not represent a complete current portfolio unless the manager has published one.
SoftBank’s India portfolio presentation as of December 2024 reported 23 India-headquartered investments, $14.2B of total investment cost and $7.7B of fair value across Vision Fund 1 and 2, including fully exited positions. These are portfolio-level figures, not an India-only fund IRR. These signals are not a substitute for fund- and vintage-specific net performance, realised distributions and audited or administrator-supported reporting.
Public fund size: Vision Fund 1 was launched at $100B and Vision Fund 2 was reported at $56B; India-level investment cost and fair value were disclosed separately in the December 2024 portfolio update.. Public terms or access information: Late-stage and growth investing through SoftBank’s global Vision Fund vehicles; India-specific cheque sizes and LP terms are not disclosed because the vehicles are not offered as Indian HNI or family-office products.. Current fees, minimum commitment and availability must be confirmed for the exact named vehicle in its fund documents.
The current source record names Sumer Juneja (India/EMEA). Verify current roles, departures, attribution and key-person provisions before relying on the team history for a new commitment.
Review stage concentration, follow-on reserves, company failure rates, dilution, exit timing and the gap between paper valuations and realised distributions. The current open diligence point is: Current India deployment pace; realised vs unrealised India returns.
2025-05-14: SoftBank's FY2025 investor materials continued to identify Swiggy among the Vision Fund's large Indian technology IPO exposures and reported ongoing Vision Fund portfolio performance.
Next step
Share the allocation question, ticket size, liquidity constraints and existing exposure. Rupeia can determine whether this profile needs a deeper decision-support brief.