Swiggy, Lenskart, FirstCry, and OfBusiness Prepping for IPOs, says SoftBank CFO

  • SoftBank Vision Fund’s portfolio companies, Swiggy, Lenskart, FirstCry, and OfBusiness are preparing for IPOs.
  • FirstCry is expected to file IPO papers by end of 2023, paving the way for SoftBank to sell its shares eventually.
  • After a period of inactivity due to losses, SoftBank will resume reinvesting, with a focus on AI-focused companies with high growth across multiple regions.
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