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Paytm raises $1.4 billion from SoftBank

One97 Communications Ltd, the parent of Paytm, has secured a massive funding of $1.4 billio from Japan’s SoftBank Group Corp. The latest deal is  in one of the largest funding rounds by a single investor. As a result of the investment SoftBank will get a board seat in Paytm. Alibaba and its payments affiliate Ant Financial … Continue reading "Paytm raises $1.4 billion from SoftBank"
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