| Founded | 2017 |
|---|---|
| Closed | 2023 |
| Country | India |
| Sector | Ecommerce |
| Total raised | $440M (Alibaba $177M + SoftBank $265M) |
| Collapse type | Market Exit |
| Founder | Vijay Shekhar Sharma |
Paytm Mall
"Alibaba and SoftBank poured $440M into Paytm's ecommerce arm to fight Amazon India. Five years later, Paytm quietly shut the consumer shopping app."
Key Events Timeline
Paytm Mall launched in 2017 to become the "everything app" for India, combining payments, shopping, and financial services.
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