
Paytm Crisis – Softbank Sells Remaining Paytm Stake, Incurs $150 Mn Loss
Japanese Softbank Vision Fund has exited from the Indian fintech major Paytm, with a loss of approximately $150 million.

Japanese Softbank Vision Fund has exited from the Indian fintech major Paytm, with a loss of approximately $150 million.

Back in May, the Delhi High Court ordered Ashneer Grover and Madhuri Jain to deposit a security amount of INR 80 crore as a condition for allowing them to travel to the United States.

Mahesh Jethmalani, a senior advocate, on Thursday alleged a "China Link" in the preparation of the Hindenburg report citing a notice from SEBI.