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SoftBank invests in India payment processing startup Juspay

Company now valued at $450m, up over 3 times from last fundraising round

Over the years, SoftBank has emerged as a generous source of capital for Indian startups. (Photo by Ken Kobayashi)

BENGALURU -- SoftBank has led a $60 million fundraising round in Indian digital payment processing firm Juspay, months after the listing of two of its fintech investments in the country, Paytm and Policybazaar.

Existing investors Vostok Emerging Finance and Wellington Management participated in the round, Juspay said in a statement on Wednesday.

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