 Paytm has enough funds for five years, says CEO
Alibaba-backed Paytm's CEO Vijay Shekhar Sharma today said that the startup has enough funds to last for another five years if it keeps spending at the same rate as the last year. Sharma added that Paytm doesn’t plan to go for IPO for at least three years. Founded in 2010, Paytm's investors include SAIF Partners, Sapphire Ventures and Saama Capital. 