Indian digital payments company Paytm said on Monday it has raised fresh funds f...
FILE PHOTO: A worker adjusts a hoarding of Paytm, a digital payments firm, in Ahmedabad, India, January 31, 2019. Picture taken January 31, 2019. REUTERS/Amit Dave
Paytm did not officially disclose details of the funding, but a source said the Indian company raised $1 billion in the latest round. New investment deals by SoftBank are also under growing scrutiny after the group reported its first quarterly loss in 14 years, dragged down by an $8.9 billion hit at Vision Fund.
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