Swiggy Drives Valuation Gains For SoftBank Vision Fund 2 In Q1

In its quarterly results, the tech investor noted that SVF2 made unrealised valuation gains totalling $308 Mn due to Swiggy’s upward surge on the Indian markets

SoftBank Vision Fund 2 is sitting on gains worth $357 Mn on its initial investment in Swiggy, fetching a gross return of $807 Mn against an investment cost of $450 Mn

Overall, the Japanese tech conglomerate reported a consolidated profit of $2.9 Bn in the April-June quarter, rebounding from a loss of $1.2 Bn during the…