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 over the next three to five years. Paytm, which runs India’s biggest digital payments system with more than 220 million users.

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