India’s e-commerce market has been hot over the last few weeks.
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
40 percent | Amount of Paytm owned by Alibaba’s financial services company Ant Financial
$60 million | Last round of Paytm funding from MediaTek