Paytm Mall receives $222m tranche of funding from SoftBank, Alibaba

Paytm founder Vijay Shekhar Sharma
Paytm founder Vijay Shekhar Sharma. Photo: Pradeep Gaur/Mint

Online retailer Paytm Mall has raised about ₹1,500 crore from Japan’s SoftBank Group Corp. and existing investor Alibaba Group Holding Ltd, as part of the ₹3,000 crore funding commitment that was initially announced in April, Paytm Mall said in a filing with the Registrar of Companies.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Should your colleagues be reading this article too? Contact us for corporate subscriptions at subs@dealstreetasia.com.