Monday, August 29, 2016

Alibaba-backed Paytm is in talks to raise US$350M funding from Temasek, GIC, others:

Last September, the m-commerce company got US$680 million from Alibaba and Alipay One97 Communications, which operates India’s largest m-commerce platform Paytm, is in advanced talks with a slew of investors to raise between US$300 million and US$350 million in fresh funding, said multiple reports quoting unnamed sources. The Noida-based firm is holding talks with Singapore-based...
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