India, May 13 -- Buoyed by gains from SoftBank Vision Fund I (SVF I), the Japanese tech investor reported a profit of $3.5 Bn in the quarter ended March 2025. However, this healthy performance was overshadowed by the lacklustre show of SVF II due to its listed India portfolio.

In its filings, the investor said that the fair value of SVF II's public portfolio companies dwindled 21.7% sequentially during the quarter under review due to fall in share prices of foodtech major Swiggy and EV maker Ola Electric.

"The fair value of investments held at the fourth quarter-end decreased by 21.7% from the previous quarter-end. Down 21.7% QoQ (quarter-on-quarter) for public portfolio companies, mainly due to share price declines in Swiggy and Ola El...