Paytm Raises $1 Billion at $16 Billion Valuation
Signage for digital-payments provider Paytm, operated by One97 Communications Ltd., hangs at a fruit juice shop in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Paytm Raises $1 Billion at $16 Billion Valuation

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(Bloomberg) -- India’s digital payments pioneer Paytm announced new funding from existing shareholders like SoftBank Group Corp.’s Vision Fund and new investors, as competition in the country’s fin...
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