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In Japan, PM Narendra Modi Meets Softbank Chief Masayoshi Son, Pitches For Investments


In Japan, PM Modi Meets Softbank Chief, Pitches For Investments

The Prime Minister is in Japan on a two-day go to to attend a summit of the Quad leaders.

Tokyo:

Prime Minister Narendra Modi on Monday met Softbank Company founder and CEO Masayoshi Son to debate the Japanese funding agency’s future participation in Indian know-how, power, finance and R&D sectors.

“Additional propelling Japanese investments in India…PM @narendramodi met Founder @SoftBank_Group Masayoshi Son and recommended Softbank’s position in India’s startup sector,” MEA spokesperson Arindam Bagchi tweeted.

Mr Bagchi additional stated, “Discussions targeted on Softbank’s future participation in India in know-how, power, finance, R&D, and so on”.

The Prime Minister is in Japan on a two-day go to to attend a summit of the Quad leaders on the invitation of his Japanese counterpart Fumio Kishida.

SoftBank is likely one of the main buyers in startups in India and has backed massive ventures, reminiscent of Paytm and Policybazaar, which are actually listed on the Indian inventory markets.

It has additionally invested in different startups reminiscent of Oyo Motels & Properties, Delhivery and Unacademy, amongst others.



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