{"id":118053,"date":"2019-03-28T23:23:43","date_gmt":"2019-03-28T15:23:43","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=240967"},"modified":"2019-03-28T23:23:43","modified_gmt":"2019-03-28T15:23:43","slug":"paytm-parent-poised-for-huge-cash-injection","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/2019\/03\/28\/paytm-parent-poised-for-huge-cash-injection\/","title":{"rendered":"Paytm parent poised for huge cash injection"},"content":{"rendered":"<p>        \tOne97 Communications, owner of Indian mobile payments brand Paytm, was tipped to raise up to $2 billion from its latest funding round, with existing backers Ant Financial and the SoftBank Vision Fund expected to make significant investments.<\/p>\n<p>The Economic Times reported the investment round was likely to surpass $1.5 billion, bringing the company\u2019s valuation to $16 billion to 18 billion.<\/p>\n<p>One97 Communications&#8217; primary business is India mobile wallet Paytm and its associated financial services products. The company also sells other app-based services including music streaming, games and event ticketing within India, and has a number of international partnerships and interests.<\/p>\n<p>News of its latest funding round comes days after Xiaomi became [1] the latest big name challenger in India\u2019s mobile payment sector. Other rivals to Paytm include messaging company Hike, Google and Samsung.<\/p>\n<p>WhatsApp, which already has a huge customer base in the country, is also planning to enter the mobile payments market, though its service is yet to go past the beta testing stage [2].<\/p>\n[1] https:\/\/www.mobileworldlive.com\/featured-content\/money-home-banner\/xiaomi-takes-on-google-paytm-with-india-pay-launch\/<br \/>\n[2] https:\/\/www.mobileworldlive.com\/apps\/news-apps\/whatsapp-to-launch-money-service-in-india\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One97 Communications, owner of Indian mobile payments brand Paytm, was tipped to raise up to &#8230;<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.mobileworldlive.com\/money\/news-money\/paytm-parent-poised-for-huge-cash-injection\/\">Paytm parent poised for huge cash injection<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.mobileworldlive.com\/\">Mobile World Live<\/a>.<\/p>\n<p> <a href=\"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/2019\/03\/28\/paytm-parent-poised-for-huge-cash-injection\/\">\u95b1\u8b80\u5168\u6587 <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":53,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"slim_seo":[],"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[2515,2,2047,4168,7],"tags":[398,402,397,414,413,410,499,409,407,408,406,399,400,394,10,401,396,787,786,784,782,783,764,785,403,412,411,395,405,404,778,779,780,781],"jetpack_publicize_connections":[],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p7prtj-uI5","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/118053"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/comments?post=118053"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/118053\/revisions"}],"predecessor-version":[{"id":118054,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/118053\/revisions\/118054"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/media?parent=118053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/categories?post=118053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/tags?post=118053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}