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Softbank invests $1.4bln in Paytm

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Softbank has infused $1.4 billion in Paytm in order to help Paytm grow its leadership in the country’s ecosystem,expand its user base and build a suite of financial services products for its users. Paytm plans to invest Rs 10,000 crore to enabling half a billion indians to join the mainstream economy and as part of the vision the company will soon launch the Paytm Payments Bank.

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