Funding updates

Exclusive: Paytm a digital payments company said it has raised $1 billion(760 Cr.)

Digital Paytm company say will soon run its payment gateway business under a new entity. Paytm said it has raised $1billion in a financing round led by US asset manager T Rowe Price with existing investors Ant Financial and SoftBank Vision Fund also participating. This is the largest amount raised by an Indian startup this year.

Paytm had been running its payment gateway services under One97 Communications. The hike off of the payment gateway business has come at a time when the company has been ramping up its offerings to make it more business focused.

Leave a Reply

Your email address will not be published. Required fields are marked *

Register Startup
close slider

    Open chat