Softbank exits Paytm at loss of around $150 million
Paytm’s shares closed at ₹467.25 apiece on July 12, 2024. File | Photo Credit: REUTERS Japan’s Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around $150 million, sources aware of the development said. Softbank invested about $1.5 billion in One97 Communications, the owner of Paytm brand,…
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