HomeBusinessSoftBank to drop Paytm, Policybazaar, Delhi holdings gradually: report

SoftBank to drop Paytm, Policybazaar, Delhi holdings gradually: report

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  • SoftBank, a Japanese venture capitalist with $1.8 billion worth of investments in Paytm, Policybazaar, and Delhivery, would reportedly gradually lower its interest over the following two years.
  • SoftBank had invested roughly $2.2 billion in these three businesses collectively, and at their initial public offerings, it sold shares worth $560 million.
  • This indicates that it may profit by almost $160 million from these wagers.

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