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UK’s Greensill is picking up $800 Mn from SoftBank; to enter Indian market

SoftBank Vision Fund is investing $800 million into UK fintech Greensill for 15-20% stake. This funding will double the company’s valuation to $3.5 bn. Greensill provides alternative supply chain finance to companies.

The plan is to use the recent investment to accelerate its international expansion. Having recently entered Brazil, the next targets are India and China. With this, the already boiling fintech segment in India is slated to further heat up. (Source)

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