SoftBank Vision Fund will be investing in GoMechanic

7 Sep 2022 , 09:24 AM

SoftBank, Malaysia’s sovereign wealth fund Khazanah Nasional Berhad, and Norwest Venture Partners are negotiating a $75 million investment in GoMechanic, India’s largest aftermarket vehicle servicing  and maintenance platform.

SoftBank is considering a $30 million investment in GoMechanic.

However, in India, SoftBank has supported numerous companies, including unicorns as well as start-ups valued at more than $1 billion. Namely Paytm, Oyo, Ola, Lenskart, PolicyBazaar, FirstCry, Meesho, Unacademy, Zeta, Swiggy, Ola Electric, and InMobi.

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