India, May 8 -- In the Indian startup ecosystem, SoftBank is making its moves yet again. The multinational conglomerate is in early discussions to double down on its existing software portfolio firm Icertis.

As per ET, Pune-based Icertis is currently looking for a fundraise of around $150 Mn (around INR 1,252 Cr) via a secondary share sale, a deal that could see an increased investment from SoftBank.

It is pertinent to mention here that SoftBank is not the only investor eyeing to increase its stake in Icertis with the fresh round. Other existing backers of the company are also considering upping their investment. This move comes as some early shareholders seek for an exit from the 15-year-old company.

The discussions between SoftBank a...