Paytm valuation hits $10 bn after 200 employees sell shares
Indian digital payment startup Paytm has crossed $10 billion valuation for the first time after 200 current and former employees sold their shares worth $47.2 million (â¹300 crore). Paytm's last valuation stood at $7 billion when it raised $1.4 billion from SoftBank last year. The new valuation makes Paytm second-most valuable internet startup in India after Flipkart (about $12 billion).