SoftBank looks to reverse fortunes in India

As an investor in India’s start-up community, SoftBank Group Corp.’s track record so far has been less than sterling. Even after putting close to $4 billion to work very quickly in a handful of prime assets, the Japanese Internet and media conglomerate continues to struggle to find a foothold in one of the world’s fastest growing start-up ecosystems. At the moment, it is trying to make the best of a bad situation through a series of consolidation moves within its portfolio that it hopes will reverse its fortunes. But will SoftBank get it right this time?