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Paytm's Valuation May Touch $18 BN Soon!
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|April 2019
Paytm is amid raising $1.5-2 billion from its existing investors SoftBank Vision Fund and Alibaba’s financial arm - Ant Financial, said people having knowledge of this matter.
The latest financing round at One97 Communications, the parent body of Paytm, is likely to elevate the company’s valuation at $16-18 billion, these people said. These people added that new investors may join the current round.
Considered these valuations, Paytm is likely to see a spike in the $10 billion valuation. This was when Warren Buffett led Berkshire Hathaway invested $300 million in 2018. Sources revealed that Paytm was valued at $16 billion in a secondary round a few months ago.
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