Taiwan’s Mountain Capital Injects $60M In Alibaba, SAIF-Backed Paytm In India

india copy 2Mountain Capital, the investment arm of Taiwan's semiconductor firm MediaTek, has invested US$60 million in Paytm, India's largest mobile payment and commerce platform 25% owned by Alibaba Group Holdings Ltd.'s financial services affiliate. The strategic investment was made at a US$4.83 billion valuation, and is part of a potential US$300 million round the company is […]


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