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Paytm not interested in buying stake in Yes Bank: Vijay Shekhar

Thursday, January 9, 2020, 4:54 PM

Paytm Founder Vijay Shekhar Sharma told Livemint he's not interested in buying a stake in Yes Bank and denied holding any talks with Yes Bank's Founder Rana Kapoor. "If we as a group have a bank and, I as a chair of the bank, own 51% of the bank, it sounds too far-fetched for an individual or company," Sharma added.
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SoftBank-backed Paytm raises $660 million

Friday, December 13, 2019, 8:40 PM

Indian digital payments startup Paytm's parent has raised nearly $660 million from investors including Alibaba's Alipay, SoftBank's SVF Panther (Cayman) and funds managed by T Rowe Price among others, according to a filing. The board of One 97 Communications Ltd will allot about 2.6 million shares to the investors, financial data accessed by business intelligence platform Tofler dated December 12 showed.
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Paytm gets $1 billion topup in latest financing round

Monday, November 25, 2019, 1:08 PM

Digital payments company Paytm said it has raised $1 billion in a financing round led by US asset manager T Rowe Price with existing investors Ant Financial and SoftBank Vision Fund also participating. This is the largest amount raised by an Indian startup this year. The company said this values it at close to $16 billion.

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