Paytm raised $660 million from several investors
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One 97 communications, the parent company of popular Indian digital payments startup Paytm has raised $660 million from several investors including Alibaba's Alipay, SoftBank's SVF Panther (Cayman) and others. This is the second fundraise for Paytm. Last month they have also raised $1 billion which pumped up the company's evaluation to $16 billion. Paytm is yet to respond about the latest funding.