Japan’s SoftBank eyes big ticket investment in Snapdeal

Japanese telecom and internet giant SoftBank has announced its intent of making huge investments of about 10 billion dollars (around Rs 60,000 crores) in India over the next few years. The first round of investment is expected to commence when Masayoshi Son, the Chairman and Founder of 92 billion dollars (over Rs 5,64,600 crores) conglomerate visits India. Interestingly, Japan’s richest man is eyeing an entry into India’s ecommerce and technology companies.