Not rushing our firms to public markets; no pressure to exit: SoftBank’s Sumer Juneja

SoftBank in India has deployed around $10 billion across Vision Fund 1 and 2, with realised and still-liquid positions worth at least that amount, said Sumer Juneja, managing partner and head of EMEA & India at SoftBank Investment Advisers.As an increasing number of portfolio firms tap domestic public markets, Juneja told ET in an interview that SoftBank’s 13% stake in Lenskart–which listed on Monday and closed at a market cap of Rs 69,967 crore–has a paper value of about $1 billion, emerging as one of its biggest positions and potentially the largest return on capital for the investor in India if the price holds up for the omnichannel eyewear retailer.