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SoftBank eyeing buyout deals in India to push AI-led IT, BPO operations

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SoftBank is exploring buyout opportunities in India, marking a significant shift from being a growth- and late-stage technology investor to that of a direct acquirer of assets, according to two people aware of its plans.

The Masayoshi Son-led Japanese conglomerate held talks to acquire business process outsourcing (BPO) firm AGS Health in a potential $1 billion deal, but those did not materialise with global asset manager Blackstone taking the lead, they said. SoftBank has also been in discussions with other outsourcing firms like WNS Global, as it…

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