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SoftBank-Backed Credit Suisse Fund Finances Some Vision Fund Startups

By
Juro Osawa
· · Source: The Financial Times

SoftBank has poured more than $500 million into a Credit Suisse fund that has invested in debt of startups backed by SoftBank’s Vision Fund such as Indian hotel chain Oyo and U.S. car financing firm Fair, the Financial Times reported. The report on the investment comes at a time when some of the Vision Fund’s biggest portfolio companies are struggling to shore up their finances and turn around...

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