
Paytm founder backs $29m debut fund from India's Roots
Vijay Shekhar Sharma, the founder of Indian online payments platform Paytm, has joined the INR2 billion ($29 million) debut fund of Indian venture capital firm Roots Ventures as an anchor investor.
The fund has already raised INR1 billion, Roots founder Japan Vyas told the Press Trust of India. Additional investors include Seedfund co-founder Pravin Gandhi and Sandeep Kohli, formerly the India head...
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