SoftBank, Alibaba invest Rs2,900 crore in Paytm Mall2 min read . Updated: 03 Apr 2018, 12:48 PM IST
The funding from SoftBank and Alibaba values Paytm Mall, run by Paytm E-commerce Pvt. Ltd, between $1.6 billion and $2 billion
New Delhi: Online retail firm Paytm Mall has received a capital commitment of about Rs2,900 crore (about $450 million) from Japan’s Softbank Group Corp. and existing investor Alibaba Group Holding Ltd in a new round of funding that will come in four tranches, official documents show.
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