Tag Archives: softbank

Grofers and Paytm Mall may merge

Bengaluru|Mumbai: Online merchant Paytm Mall has actually held talks with e-grocer Grofers for a prospective financial investment, several individuals in the understand informed ET, including that the continuous conversations might even cause a merger. Japanese corporation SoftBank, a typical financier in Paytm Mall and Grofers, started the offer talks, sources stated. ““ SoftBank does not […]

SoftBank-backed Paytm raises $660 million

BENGALURU: Indian digital payments start-up Paytm’s moms and dad has actually raised almost $660 million from financiers consisting of Alibaba’s Alipay, SoftBank’s SVF Panther (Cayman) and funds handled by T Rowe Price to name a few, according to a filing.The board of One 97 Communications Ltd will allocate about 2.6 million shares to the financiers, […]