SoftBank posts 600 million paper loss as India startup bets slide in January March quarter

Published on 13 May 2026

Swiggy and Ola Electric losses dragged Vision Fund

SoftBank’s Vision Fund took a major hit in India during the January to March quarter, with a reported $600 million paper loss tied to declines across key portfolio names. Swiggy and Ola Electric saw sharp market value drops, outweighing gains from other investments. The move highlights fresh pressure on parts of India’s startup market even as SoftBank remains deeply invested.

SoftBank reported a $600 million paper loss linked to its India portfolio
Swiggy and Ola Electric declines weighed heavily during Jan to Mar
Other investments helped, but were not enough to offset the slump
The result underscores widening volatility for India startup valuations

#vision fund #swiggy #softbank #ola electric #india startups

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

SoftBank posts 600 million paper loss as India startup bets slide in January March quarter

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