Paytm parent raises over ₹4,700 cr from Alipay, SVF, T Rowe Price1 min read . Updated: 12 Dec 2019, 10:55 PM IST
- Alipay Singapore E-commerce invested ₹1,433 crore, SVF Panther (Cayman) put in ₹1,430 crore and T Rowe Price Growth Stock Fund invested ₹704 crore
- This increased the valuation of the Noida-headquartered company from the $15 billion it was valued at in August this year to $16 billion
BENGALURU : One 97 Communications Ltd, which operates digital payments company Paytm, has raised ₹4,724 crore (around $660 million) from Alipay Singapore E-commerce Private Ltd, SVF Panther (Cayman) Ltd, T Rowe Price Growth Stock Fund Inc. and others.
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