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SoftBank

SoftBank Ventures Asia may enter Indian market with investment in Loginext

SoftBank

Softbank’s venture capital arm – SoftBank Ventures Asia – is planning to enter in India with an investment in Loginext Solutions, a logistics management software provider.

Loginext, is backed by Paytm, in which SoftBank has a major investment. They are in talks since April. Based out of South Korea, SoftBank Ventures Asia bets on startups focussing on IoT, AI and the smart robotics industry and recently announced the launch of $500 million fund for Asia focussing India. (Source)

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