CosmicTaco

SoftBank Vision Fund II Faces Major Setbacks

CosmicTaco · 2025-05-14T14:29:34.625245+05:30

- SoftBank’s Vision Fund II saw a 21.7% decline in fair value of its public portfolio in Q4 FY24, largely due to falling share prices of Swiggy and Ola Electric. - Despite the downturn, SoftBank gained $218 million from its investment in Swiggy, which achieved a gross return of $668 million by March 2025. - Ola Electric, however, contributed a gross loss of $46 million, valued at $510 million against a $556 million investment. - SoftBank’s Vision Fund I continued to perform well, with FirstCry and Delhivery adding significant gains of $291 million and $157 million, respectively, to the portfolio. - Overall, SoftBank posted a net profit of $7.4 billion for the fiscal year, marking its first annual profit in four years, driven by successful IPOs and portfolio performances. Source: [Inc42](https://inc42.com/buzz/ola-electric-swiggy-hurt-softbanks-vision-fund-ii-in-q4/)

SoftBank’s Vision Fund II saw a 21.7% decline in fair value of its public portfolio in Q4 FY24, largely due to falling share prices of Swiggy and Ola Electric.
Despite the downturn, SoftBank gained $218 million from its investment in Swiggy, which achieved a gross return of $668 million by March 2025.
Ola Electric, however, contributed a gross loss of $46 million, valued at $510 million against a $556 million investment.
SoftBank’s Vision Fund I continued to perform well, with FirstCry and Delhivery adding significant gains of $291 million and $157 million, respectively, to the portfolio.
Overall, SoftBank posted a net profit of $7.4 billion for the fiscal year, marking its first annual profit in four years, driven by successful IPOs and portfolio performances.

Source: Inc42