Japan's SoftBank Invests Rs 9,000 Crore in Paytm

Posted on:19 May 2017 10:50:25
Japan's SoftBank Invests Rs 9,000 Crore in Paytm
19 May 2017 Current Affairs:

  • Japan's SoftBank invested 1.4 billion (over Rs 9,079 crore) in digital payments platform Paytm.

  • This is the largest fund investment by a single investor in an Indian start-up and also Softbank's largest investment in a single company in India.

  • The company plans to invest Rs 10,000 crore over the next three to five years.


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