SoftBank in early talks to lead $50-70M funding in Country Delight

Quick Summary:

SoftBank's negotiations with Country Delight follow its finalising a deal with Ultrahuman, a wearables and fitness brand, to lead a $30 million funding round at a $300 million valuation.

The idea is to back proven models in the country and continue backing superstar companies in the portfolio and eventually to take them public,” the person added.

SoftBank, Country Delight, and Avendus Capital did not immediately respond to queries sent by YourStory.

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Article Details

Author / Journalist: Nikhil Patwardhan

Category: StartupsEconomyBusiness

Markets: IndiaJapanSingapore

Topics: Softbank Country Crore Delight Funding Million Brand Companies Deal Portfolio Valuation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 13:41:37 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 28 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23698867

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