Alibaba, SAIF invest $200m in India's Paytm
Chinese e-commerce giant Alibaba Group and SAIF Partners have invested $200 million in the online marketplace unit of Indian online payments platform Paytm.
Citing filings with the Registrar of Companies, Livemint reported that Alibaba Singapore E-Commerce will invest $177 million to raise its stake in Paytm E-Commerce to 36.3%. SAIF will provide the rest...
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