Amount Raised
₹9.2 Billion
Round Type
Funding Round
NoidaFinancial ServicesFinanceDescription
Bengaluru: IPO-bound Paytm on Wednesday said Zurich-based reinsurance giant Swiss Re will invest Rs 920 crore in its insurance unit Paytm Insuretech Pvt. Ltd (PIT), for a 23% stake. Swiss Re will first invest around Rs 397 crore upfront and the remaining capital will come in tranches subject to fulfilment of certain milestones in PIT. The deal is subject to regulatory approval, the company said.
Quick answer
Paytm raised ₹9.2 Billion in a Funding Round round, dated October 27, 2021. Paytm is based in Noida, Uttar Pradesh, India.
- How much did Paytm raise?
- Paytm raised ₹9.2 Billion in a Funding Round round on October 27, 2021.
- What does Paytm do?
- Paytm is India's leading payments app, pioneering the digital revolution in the country.
- Where is Paytm based and how big is it?
- Paytm is based in Noida, Uttar Pradesh, India.
- Who are the decision-makers at Paytm?
- Fundz holds 1 contact at Paytm. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Paytm that raised within 45 days of this round, from Fundz verified event records.
- Walker & Dunlop raised $43M (Funding Round) on December 9, 2021.
- Beeline Holdings raised an undisclosed amount (Series A) on December 9, 2021.
- Citizens Financial Group raised an undisclosed amount (Funding Round) on December 6, 2021.
- Quavo raised $6M (Series A) on December 1, 2021.
- GajiGesa raised $6.6M (Pre-Series A) on November 30, 2021.
- Walker & Dunlop raised $170M (Funding Round) on November 30, 2021.
Who to call at Paytm, and when
A new round usually means Paytm is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Paytm raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Paytm, from your own LinkedIn network
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Fundz sees it the moment Paytm raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Paytm raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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