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In brief: SoftBank Vision Fund wants to grow its team to 800 people
- On stage at a global conference, the CEO of SoftBank Investment Advisors, Rajeev Misra, reportedly disclosed plans to double the size of the investment arm from 400 employees to 800 employees over the next 18 to 24 months.
- Last September, the organization said it employed 86 investors across offices in Tokyo, London, and San Carlos, California.
- Apart from growing its team, the firm announced in November plans to open an office in Mumbai, India, where it has already amassed enormous stakes in some of the company’s highest-flying startups, including the hospitality group Oyo and the digital payments company Paytm.
- According to numerous Reuters reports last year, the Vision Fund was also planning to open an office in Saudi Arabia, home to its biggest backer – the sovereign wealth fund PIF.
Source: TechCrunch
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