Paytm Money, Zinier raise funds; K Vaitheeswaran starts up 'Again'

Paytm Money, Zinier raise funds; K Vaitheeswaran starts up Again

  • Paytm Money raised Rs 28.87 crore from parent One97 Communications in exchange for 2.8 crore equity shares of Rs 10 each.
  • At its launch, Paytm Money had received an investment commitment of $10 million from One97 Communications to set up operations.
  • The funding comes at a time when Paytm Money is looking to aggressively scale operations.
  • Zinier raises $22 millionService automation startup Zinier raised $22 million in a Series B round led by Accel with participation from San Francisco-based Founders Fund, Nokia-backed NGP Capital, Qualcomm Ventures LLC, and France-based investor Newfund.


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