{"id":833063,"date":"2024-07-15T12:26:29","date_gmt":"2024-07-15T06:56:29","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=833063"},"modified":"2024-07-15T12:32:14","modified_gmt":"2024-07-15T07:02:14","slug":"softbank-vision-fund-exits-from-paytm-in-june-quarter-at-a-loss-of-around-150-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/15\/softbank-vision-fund-exits-from-paytm-in-june-quarter-at-a-loss-of-around-150-million\/","title":{"rendered":"Softbank Vision Fund exits from Paytm in June quarter at a loss of around $150 million"},"content":{"rendered":"<p>Softbank Vision Fund, an arm of Japan\u2019s Softbank Investment, exited Paytm in the June quarter at a loss of around $150 million, sources aware of the development said.<\/p>\n<p>Softbank invested about $1.5 billion in One97 Communications \u2014 the owner of the 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 $150 million,\u201d one of the sources said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Softbank Vision Fund, an arm of Japan\u2019s Softbank Investment, exited Paytm in the June quarter at a loss of around $150 million, sources aware of the development said. Softbank invested about $1.5 billion in One97 Communications \u2014 the owner of the Paytm brand \u2014 in tranches in 2017. \u201cSoftbank has exited Paytm at a loss of 10-12 per cent. The total loss is around $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":[83,4,22],"tags":[],"class_list":["post-833063","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/833063","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=833063"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/833063\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=833063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=833063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=833063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}