Paytm in May 2017 raised $1.4 billion from which Investor?
A. SBI
B. HDFC Bank
C. SoftBank
D. SwissBank
Answer:C
Paytm in May 2017 raised $1.4 billion from which Investor?
A. SBI B. HDFC Bank C. SoftBank D. SwissBank
Explanation: Japanese telecom major SoftBank has invested $1.8 billion in mobile wallet major Paytm. SoftBank, after its failed experiment in Jasper Infotech-owned Snapdeal and FreeCharge, in which it invested close to a billion dollars, will be the biggest stakeholder Paytm’s parent company, One97 Communications, pushing Chinese internet giant Alibaba to second spot. ...Check Detail Explanation at INDIA GK" App: tinyurl.com/IndiaGK