{"id":832987,"date":"2024-07-15T11:47:44","date_gmt":"2024-07-15T06:17:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=832987"},"modified":"2024-07-15T20:33:27","modified_gmt":"2024-07-15T15:03:27","slug":"softbank-exits-paytm-at-loss-of-around-usd-150-million-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/15\/softbank-exits-paytm-at-loss-of-around-usd-150-million-report\/","title":{"rendered":"Softbank exits Paytm at loss of around USD 150 million: Report"},"content":{"rendered":"<p>Japan\u2019s Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around USD 150 million, sources aware of the development said. <\/p>\n<p>Softbank invested about USD 1.5 billion in One97 Communications \u2014 the owner of Paytm brand \u2014 in tranches in 2017. <\/p>\n<p>\u201cSoftbank has exited Paytm at a loss of 10-12 per cent. The total loss is around USD 150 million,\u201d one of the sources said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan\u2019s Softbank investment arm Softbank Vision Fund exited from Paytm in the June quarter at a loss of around USD 150 million, sources aware of the development said. Softbank invested about USD 1.5 billion in One97 Communications \u2014 the owner of Paytm brand \u2014 in tranches in 2017. \u201cSoftbank has exited Paytm at a loss of 10-12 per cent. The total loss is around USD 150 million,\u201d one of the sources said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-832987","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=832987"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832987\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=832987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=832987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=832987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}