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Paytm E-commerce to secure $200 million from Alibaba and SAIF

Paytm E-Commerce, the online marketplace arm of One97 Communications is all set to raise $200 million from Chinese e-commerce major Alibaba, along with investment firm SAIF Partners, as per a latest PTI report. Alibaba Singapore E-Commerce Pvt Ltd will invest $177 million in Paytm E-Commerce Pvt Ltd, the demerged unit of digital payments company, One 97 … Continue reading "Paytm E-commerce to secure $200 million from Alibaba and SAIF"
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