SoftBank's investment in India falls 84% to $500mn in 2022
Shortpedia
Content Team
Image Credit: NewsBytes
SoftBank Group has been a major contributor to the growth of India's tech start-up scene. The company has, however, cut its investments in the country by a whopping 84% year-over-year in 2022. This change in strategy is due to macroeconomic headwinds that have tech companies all over the world reeling. Start-up funding in India has lowered considerably this year.
