• 25
    Nov

    India’s financial services firm Paytm raises $1B

    Paytm  said on Monday it has raised $1 billion in a new financing round as the Noida-headquartered firm, which once dominated the local mobile payments market, attempts to fight back giants Google, Walmart’s PhonePe, and Facebook. The company said the new financing round, dubbed Series G, was led by U.S. asset manager T. Rowe Price. Existing investors Ant Financials  (contributed $400 million), SoftBank ...