SoftBank Vision Fund 2 and Goldman Sachs are in talks to back Indian logistics and commerce startup Elastic Run, according to four people familiar with the matter. The proposed round, whose size is about $200 million, values Elastic Run at over $1 billion, the sources said, requesting anonymity as the deliberations are private.

Elastic Run and SoftBank did not immediately respond to a request for comment.

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Manish Singh

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