Valuation of Paytm, arm together set to top $20bn

The flagship business Paytm is expected to be valued at $18-20 billion as it is raising a new round of $1-2 billion, said these sources, with final valuation depending on the total capital it raises. The company has got commitments of $800 million to $1 billion from existing backers, SoftBank Vision Fund and Ant Financial, payments affiliate of Alibaba, according to these sources.

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