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.
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.
This story is from the April 2019 edition of Exhibit.
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This story is from the April 2019 edition of Exhibit.
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