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Monday 25 November 2019

Paytm raises $1bn, co now valued at $16bn

Paytm has raised $1 billion in a new financing round, led by US-based asset management firm T Rowe Price, cementing its position as the most valued startup in India at $16 billion. T Rowe Price, along with Discovery Capital and D1 Capital, has put about $400 million (Rs 2,871 crore) in the Noida-based company.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2QPqvKC

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