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Report: Japan’s Softbank to invest $10 billion in Indian e-commerce


Minato, Japan –- Japanese telecom/technology investment firm Softbank is reportedly planning to invest $10 billion in Indian e-commerce players during the next 10 years.

According to, Softbank’s investments will include $627 million into Indian e-commerce platform Snapdeal.

Softbank will also lead a $210 million Series D funding round for Ola, an online Indian taxi service that is similar to Uber. Softbank purchased U.S. cellular phone provider Sprint for $21.6 billion in 2013.
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