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SoftBank Vision makes big investment in Flipkart

Press Trust of India  |  New Delhi 

today said SoftBank Vision Fund, the world's largest technology-focused fund, has invested in the e-commerce company to become one of its largest shareholder.

Without disclosing the amount invested, the company said: "This is the biggest ever private investment in an Indian technology company."

In a statement, it said: "The investment is part of the previously announced financing round, where had raised capital from three of the world's technology companies - Tencent, eBay and

"After this financing round, will have in excess of USD 4 billion of on balance sheet.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 10 2017. 14:28 IST