ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Alibaba, SAIF Partners pump $200m into India's Paytm E-Commerce

Fresh Chinese investment is aimed at taking on Amazon and Flipkart

 (placeholder image)
Paytm signs are popping up at shops across India.   © Reuters

MUMBAI -- Chinese e-commerce powerhouse Alibaba Group Holding and venture fund SAIF Partners are investing a total of about $200 million to help India's Paytm E-Commerce boost its domestic presence against such majors as Amazon of the U.S. and Flipkart of India, according to sources.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more