Paytm Founder Vijay Shekhar Sharma Raises $48.1 Mn(Rs 325 Crore) By Selling 1% Stake
Paytm Fund Raise Paytm’s organizer and CEO Vijay Shekhar Sharma have sold 1% of his holding in the advanced wallet’s parent firm One97 Communications Ltd, to raise almost $48.1 million (Rs 325 crore). With the most recent exchange, One97’s valuation purportedly remains at $4.8 billion (Rs 32,438.4 crore). The cash will be utilized to subsidize…