Paytm raises $1 Billion in new financing round, will invest Rs. 10000 Crore over the next 3 years

Through a new financing round, the Noida-headquartered firm, Paytm has  raised $1 Billion in its latest equity fundraise, named Series G funding. The company, now valued at $16 Billion, had its funding led by U.S. asset manager T Rowe Price with existing investors Ant Financials (contributed $400 million), SoftBank Vision Fund (contributed $200 million), and Discovery Capital also participating in the round.

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