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SoftBank's $265M Paytm exit; early-stage startups face capital crunch

YourStory LogoYourStory2w ago

SoftBank's $265M Paytm exit; early-stage startups face capital crunch - YourStory

Quick Summary:

SoftBank held about 18.5% of Paytm before its IPO in 2021, with a 17.3% stake through SVF India Holdings (Cayman) Ltd and an additional 1.2% via SVF Panther (Cayman) Ltd.

While funding activity, which includes the total number of deals and funding amount, has seen an uptick in growth- and late-stage investments this year.

The mission builds on ISRO's recent accomplishments, including the Chandrayaan-3 lunar landing and its sun-studying Aditya-L1 solar observatory.

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SoftBank's $265M Paytm exit; early-stage startups face capital crunch - YourStory (Picture 1)SoftBank's $265M Paytm exit; early-stage startups face capital crunch - YourStory (Picture 2)SoftBank's $265M Paytm exit; early-stage startups face capital crunch - YourStory (Picture 3)

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Article Details

Author / Journalist: Team YS

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 02:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 399 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24250889

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About YourStory

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Year Established: 2008

Headquarters: India

News Last Updated: 1 days ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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The story "SoftBank's $265M Paytm exit; early-stage startups face capital crunch" was covered 2 weeks ago by YourStory, a news publisher based in India.

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YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news.

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It's most recent story was published 1 days ago.

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  • URL: https://beamstart.com/news/softbanks-265m-paytm-exit-early-17337102098797

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