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Paytm E-Commerce set to raise $252 mn in round led by Alibaba

Friday, February 3, 2017 | More »

Paytm E-Commerce set to raise $252 mn in round led by Alibaba
Paytm E-Commerce Pvt. Ltd, the online marketplace arm of One97 Communications, is set to raise $200-252 million (Rs 1,350-1,700 crore) in an investment round led by Chinese internet giant Alibaba Group Holding Ltd, a major financial daily reported on Friday. The funding round, which marks Alibaba...