SoftBank's Rajeev Misra steps down from main roles to launch own fund

Rajeev Misra is stepping back from his main roles at SoftBank Group to launch his own venture fund, reports said. Misra will retain his role overseeing the first $100 billion Vision Fund but will cede his frontline role in managing the second Vision Fund. He's reportedly secured over $6 billion in backing for his fund, including from Middle East investors.