SoftBank is expecting its Indian portfolio to do well, with OYO expected to IPO in 2024. The company is “very pleased” with its India portfolio overall and has invested $11 billion in Indian startups since 2018.
This is a positive sign for the Indian startup ecosystem, as it shows that SoftBank, a major investor, is confident in the potential of Indian companies. It is also good news for OYO, which is looking to go public in the near future.
Overall, this article suggests that SoftBank is bullish on the Indian startup ecosystem and that OYO is on track for a successful IPO.
Comments