Paytm parent company shares soar after PayPay sells stake to SoftBank
On Monday, the rupee hit a record high of 1,007 rupees ($11.87).
Paytm parent company to sell $250 million stake in PayPay to SoftBank
Through the expected stake sale, Paytm's cash reserves may increase from more than $1.1 billion to about $1.4 billion.