India's Paytm in talks with SoftBank to raise $1.2 to $1.5 billion: report

India's Paytm in talks with SoftBank to raise $1.2 to $1.5 billion: report

(Reuters) – Electronics payments provider Paytm is in talks with Japan’s SoftBank Group to raise $1.2 to $1.5 billion in cash, making the latter one of the largest shareholders in the fintech start-up, Mint newspaper reported on Wednesday citing sources.

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