India: Sumer Juneja's appointment likely to push SoftBank’s plan to back Swiggy

With the appointment of Sumer Juneja as its India head, SoftBank Investment Advisers has clearly indicated its intent of enhancing its India focus multifold. According to heads of several investment firms operating in India, Juneja’s appointment will help SoftBank make smarter bets, given his past experience and ready insights into firms the Japanese behemoth is keen to invest in.