Daily Data Dive: Paytm’s E-Commerce Unit Sees $200M Investment Boost

By  |  March 6, 2017
 | 

India’s e-commerce market has been hot over the last few weeks.

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    As we’ve reported on various companies investing in the area, Chinese-based company Alibaba is taking the lead this time. It’s become one of the largest investors in India-based Paytm‘s e-commerce unit.

    Here are the numbers:

    $200 million | Total amount invested in Paytm’s e-commerce

    $177 million | Amount Alibaba invested

    $23 million | Amount Saif Partners invested

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    40 percent | Amount of Paytm owned by Alibaba’s financial services company Ant Financial

    $60 million | Last round of Paytm funding from MediaTek

     


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