The flagship business Paytm is expected to be valued at $18-20 billion as it is raising a new round of $1-2 billion, said these sources, with final valuation depending on the total capital it raises. The company has got commitments of $800 million to $1 billion from existing backers, SoftBank Vision Fund and Ant Financial, payments affiliate of Alibaba, according to these sources.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2CGdlYk
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