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SoftBank Said In Talks To Invest $1.4 Billion In Paytm

SoftBank Said In Talks To Invest $1.4 Billion In Paytm

SoftBank Group Corp. is in talks to invest $1.4 billion in India’s One97 Communications Ltd.,that would value owner of country’s largest digital-payments provider at about $7 billion.Deal is not yet finalized & terms may yet change. One97 Communications, whose Paytm unit's business surge,had discussions with 2 other investors.Co. last valued at $4.2 billion.