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Softbank hires Kirthiga for $100b fund

The Vision Fund has been criticised for an all-male cast of deal-makers.

Hyderabad: Japanese internet giant SoftBank Group Corp has hired ex-Facebook India head Kirthiga Reddy as a partner at its $100 billion Vision Fund.

Ms Reddy, would become the first woman to join SoftBank Investment Advisers, would be based out San Carlos, Silicon Valley and would work closely with Deep Nishar on new age technologies such as AI, robotics, IoT, health-tech and quantam computing.

“Like in other investment firms, the Venture Partner role enables quick integration of new talent from non-investing backgrounds, which is a perfect fit for me. I look forward to bringing my technical and business expertise – from both enterprise and consumer technology, in developed and emerging markets – to the Vision Fund team,” she wrote in a post on LinkedIn to announce the move.

The Vision Fund has been criticised for an all-male cast of deal-makers. SoftBank founder Masayoshi Son had in September said that he has “no prejudice of any kind,” and first-in-command Rajeev Misra led an effort to hire women for the team.

( Source : Deccan Chronicle. )
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