Softbank Bets Big on India's Snapdeal

The transcript discusses the Indian government's digital campaign, aiming to connect thousands of villages through the national optical fibre program. It highlights significant investments, including a $5.9 billion government investment and SoftBank's $627 million investment in Snapdeal, making it the largest shareholder. Snapdeal plans to use this investment to enhance technology and supply chain management to compete with Amazon. Additionally, SoftBank's chairman is exploring further investments in Indian startups, seeking the next big success like Alibaba.

What is the goal of the national optical fibre program by the end of next year?

• To connect 200,000 villages

• To connect 150,000 villages

• To connect 100,000 villages

• To connect 50,000 villages

Who recently showed interest in India's digital campaign?

• Mark Zuckerberg

• Jeff Bezos

• Bill Gates

• Elon Musk

How much did SoftBank invest in Snapdeal?

• $500 million

• $627 million

• $700 million

• $800 million

What is the primary purpose of SoftBank's investment in Snapdeal?

• To expand globally

• To enter the Chinese market

• To compete with Amazon

• To diversify its portfolio

What is SoftBank's goal during the chairman's visit to India?

• To acquire a local telecom company

• To identify the next Alibaba from India

• To launch a new product

• To open a new office