TechLair

  • Home
  • contact
  • About
  • Privacy Policy

Microsoft reportedly plans to invest in India’s payments giant Paytm

Monday, April 27, 2020 by Piyush Suthar | Comments

Home News Tech Microsoft reportedly plans to invest in India’s payments giant Paytm

Microsoft might be looking to pump some money in India’s payment sector through a potential investment in the country’s fintech giant Paytm. According to a report from the Economic Times, Paytm is looking to add an extended $100 million to its series-G round worth $1 billion, which was announced last year. A person familiar with the discussion told ET that talks with Microsoft “began last year when Paytm was in the middle of raising funds. While Microsoft could not participate in the funding then, it is likely to pump in cash now.” [Read: Facebook invests $5.7B in Indian mobile carrier Reliance Jio to…

This story continues at The Next Web

Or just read more coverage about: Microsoft

Authored by Piyush Suthar
Pro Blogger


Follow me on Twitter, Facebook, Google+, YouTube.

Load comments
  • Newer Post
  • Home
  • Older Post
  • techlair
    Over 1,500+ Readers

    Get fresh content from TechLair

    brand222 facebook brand2 envelope-o

    BEST OF TechLair



    Copyright © 2019 TechLair. All rights reserved.
    Privacy Policy • DMCA • Contact