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Tuesday, May 2, 2017

SoftBank to invest $1.4 billion in India#39;s Paytm in bet on demand for mobile money

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SoftBank to invest $1.4 billion in India#39;s Paytm in bet on demand for mobile money Paytm is India#39;s largest digital-payments provider. Its parent company, One97 Communications, was valued at $4.2 billion in 2015, according to reports. However, recent estimates suggest the latest figure could be between $7 billion to $9 billion if the SoftBank India investment is factored.

May 02, 2017 at 08:48AM

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