Paytm Money plans to raise $1.2b mega funding at $5b valuation

Paytm Money plans to raise $1.2b mega funding at $5b valuation

Photo: Reuters

Paytm Money, the wholly owned subsidiary of Vijay Shekhar-led payments giant Paytm, is planning to raise a $1.2-billion mega funding round as it eyes expansion in the mutual funds (MF), insurance, and financial services space in 2019, Business Standard reported.

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