Published 13:42 IST, January 24th 2024
SoftBank trims Paytm stake by 2% in latest sell-off
Japanese conglomerate further reduced its ownership in Paytm to 5.06 per cent.
![SoftBank arm trims stake in Paytm](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/4GEGVTHO6VAB7H7S766WDRZYJA1-170323195232816_9.webp)
SoftBank's Indian startup portfolio remains resilient, with about 50% of companies nearing or surpassing break-even points, demonstrating agility in cost-cutting amid economic challenges. | Image:
SoftBank
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13:42 IST, January 24th 2024