India: Paytm buys edutech startup Edukart in an acqui-hire deal

India: Paytm buys edutech startup Edukart in an acqui-hire deal

Photo: Bloomberg

Payment services provider Paytm (One97 Communications Ltd) has bought education technology start-up Edukart, backed by cricketer Yuvraj Singh and Paytm founder Vijay Shekhar Sharma, after it failed to raise new funds, said three people aware of the development.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter