SAIF started as Softbank Asia Infrastructure Fund in 2001 and became one of the most influential TMT equity investment firms in China and India. It was an affiliate of Softbank before it became independent in 2005.
SAIF currently manages USD and RMB assets close to US$10B. It has invested and managed close to 400 companies, including over 60 companies that already went public.
As a well-known unicorn maker, SAIF invested in a series of unicorn companies that reshaped several industries in China and India: 58.com for online life and business service; Shanda and Perfect World for online gaming; Digital China and Eternal Asia for IT service and distribution; Paytm, changing the way India transacts online; MakeMyTrip, face of India's online travel sector; Swiggy, changing the way India eats.
About SAIF Eagle Fund
SAIF Eagle Fund is SAIF’s latest USD denominated fund to address China’s enormous demand for semiconductor integrated circuits.
China is the world's largest consumer and importer of Integrated Circuits (ICs). China imported US$306B of ICs, approximately 74% of global IC output of US$412B in 2019. Around 25% of the Chinese economy (~US$ 3.0 trillion) are relying upon imported ICs. It is expected that over US$400B will be invested in China’s IC industry in the next 10~15 years.