SoftBank in talks to invest US$1.4b in India's One97 Communications: sources

Bangalore

SOFTBANK Group Corp is in talks to invest about US$1.4 billion in India's One97 Communications Ltd in a deal that would value the owner of the country's largest digital payments provider at about US$7 billion, according to people familiar with the matter.

The deal is not yet finalised and the terms may yet change, said the people, asking not to be identified because the matter is private.