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India Fintech Paytm Gets $60M Capital Injection from MediaTek

September 2, 2016 @ 2:29 am By Erin Hobey |

Delhi-based One97 Communications, which runs mobile payment and ecommerce platform Paytm, has received Rs 400 crore ($60 million) from Taiwanese semiconductor maker MediaTek’s Mountain Capital Fund, reported the India Times. The deal, which was ratified by the board of directors earlier this week, more than doubles Paytm’s… Read More

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