Paytm raises $1 billion from SoftBank, Ant, others2 min read . Updated: 25 Nov 2019, 08:42 AM IST
- Fresh funds will help Paytm expand into India’s hinterland
- Paytm plans to invest ₹10,000 crore over the next three years to bring financial inclusion to more under-served users across India
New Delhi: One97 Communications Ltd, which operates Paytm, has raised $1 billion from new and existing investors, including Japan’s SoftBank Group and China’s Ant Financial, a person familiar with the development said.
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