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Paytm Borrows $44.7 Mn From ICICI Bank

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Paytm-wallet

After sitting atop the ecommerce pyramid and raising enough rounds of funding, companies like Flipkart and Paytm are turning towards banks for capital loans. A report by TOI stated that Noida-based mcommerce platform, Paytm, has taken a loan of $44.7 Mn (INR 300 Cr) from ICICI bank in two tranches. Informing about the development, Vijay Shekhar Sharma, […]

The post Paytm Borrows $44.7 Mn From ICICI Bank appeared first on Inc42 Magazine.


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