SoftBank Group Corp. founder Masayoshi Son will be part of India’s prime minister and Asia’s richest man on the wedding ceremony of Oyo founder Ritesh Agarwal subsequent week, a uncommon social outing for a billionaire whose ties to the nation run deep.

It’s an indication of the Japanese billionaire’s enduring relationship with India, the place SoftBank has invested billions into startups and solar energy. Son, who’s the largest backer of reasonably priced stays agency Oyo mother or father Oravel Stays Ltd., has been a mentor to the 29-year-old Agarwal since 2015. An early investor in Oyo, Son supplied a private assure in 2019 to Agarwal’s $2 billion mortgage from Japanese banks permitting the youthful entrepreneur enhance his stake in Oyo to over a 3rd.