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SoftBank-backed Paytm raises $660 million
14-Dec-2019

Indian digital payments startup Paytm's parent has raised nearly $660 million from investors including Alibaba's Alipay, SoftBank's SVF Panther (Cayman) and funds managed by T Rowe Price among others, according to a filing. The board of One 97 Communications Ltd will allot about 2.6 million shares to the investors, financial data accessed by business intelligence platform Tofler dated Dec. 12 showed.

News Source:- https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/softbank-backed-paytm-raises-660-million/articleshow/72507857.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23