Paytm knows the art of fundraising a little better than any other Indian unicorn. Despite losing momentum in payments and commerce businesses, Vijay Shekhar Sharma comfortably in November raised a whopping $1 billion in Series G round at a towering valuation of $16 billion. This was over a 45% jump from its $10.5 billion valuation in its valuation report as of September 2019.

— Entrackr

Shardul Amarchand Mangaldas & Co advised One97 Communications, operating as Paytm, led by a team of partners Raghubir Menon, Ekta Gupta and Tanya Choudhary.

S&R Associates advised Steadfast Capital led by a team of partner Mohit Gogia, with associates Rachita Bhat and Shwetank Sharma.

Cyril Amarchand Mangaldas was also advising.

2019-12-01

Deal value: $1bn

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