Paytm Payments Bank raises ₹122 crore
Paytm Payments Bank has raised ₹122 crore from Paytm's parent company One97 Communications and its Founder Vijay Shekhar Sharma, according to filings. While Sharma has invested ₹62 crore, One97 Communications has infused the remaining amount, the filings showed. Earlier in September, Paytm Payments Bank had raised around ₹60 crore from Sharma, One97 Communications, and other existing investors.