Paytm parent pledges all assets with ICICI to up borrowing limit to $196m

Paytm parent pledges all assets with ICICI to up borrowing limit to $196m

Photo: Reuters

Vijay Shekhar Sharma’s One97 Communications Ltd, the parent of fintech startup Paytm, has pledged all its current assets and mutual fund investments to be able to borrow ₹1,400 crore for working capital needs from ICICI Bank Ltd.

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