Paytm raises $1.4 billion from SoftBank in largest funding 
Digital payments startup Paytm has raised $1.4 billion from SoftBank in India's largest funding round. This is also SoftBank's biggest investment in the Indian startup ecosystem till date. The latest investment by SoftBank will value Paytm at around $8 billion, up from its valuation of $4.8 billion in August 2016. 