SoftBank’s Masayoshi Son Attends OYO Founder Ritesh Agarwal’s Wedding

SoftBank Group’s chief Masayoshi Son with Ritesh Agarwal

OYO founder Ritesh Agarwal got married to Geetansha Sood yesterday. Several corporate leaders, including Softbank chief Masayoshi Son, Paytm’s Vijay Shekhar Sharma, and Lenskart’s Peyush Bansal, attended the event.

The 29-year-old entrepreneur is among the country’s youngest billionaires, founded OYO in 2013 when he was just 19. Softbank, a Japanese conglomerate, is its largest investor.

Vijay Shekhar Sharma posted a photo of Masoyoshi with CEOs and founders, including Supam Maheshwari, cofounder of FirstCry; Sandeep Deshmukh, cofounder of ElasticRun; Vikram Chopra, cofounder of Cars24; Bhavin Turakhia, cofounder of Zeta; and Asish Mohapatra and Ruchi Kalra, founders of OfBusiness and Oxyzo, respectively.

Tagging business leaders, Founder and CEO of digital payments platform Paytm Vijay Shekhar Sharma tweeted, “Ultimate joy today, seeing Masa smiling, happy and enjoying his India trip. Everyone of us had tons of gratitude for his belief and support given to our Startups”, through his official Twitter handle.

SoftBank Corp founder and chief executive Masayoshi Son met top Indian startup founders and CEOs on his day-long visit to New Delhi on Tuesday, including Paytm founder Vijay Shekhar Sharma, Flipkart group CEO Kalyan Krishnamurthy and Lenskart cofounder Peyush Bansal.

Masayoshi Son reportedly informed the audience that he began investing in India 6-7 years ago out of instinct, according to several in attendance. Son is alleged to have claimed that this has evolved into a fundamental concept and that no investor can turn away from India as a market.

Masayoshi Son stated that he believes in India’s bright future and the zeal of its young entrepreneurs in December 2021.

SoftBank has invested an estimated USD 15 billion in the Indian startup ecosystem over the years, making it a well-known and active investor. Ola, Oyo, Lenskart, and Meesho were a few of the significant early bets it had placed.

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Spriha Rai