Paytm, India’s largest digital payments startup, raised $1.4 billion from SoftBank Group in the largest funding round from a single investor for the country’s technology sector. The funding into One97 Communications, which operates the Paytm brand, will help the...
What you need to know Alibaba Group is investing US$177 million in Indian online retail giant Paytm E-Commerce. This will expand the Chinese company’s operations in India, the world’s sixth-largest economy. It will mark the second major regional expansion for Alibaba...