Paytm Mall joined the Unicorn Club on March 09, 2018 after raising a $453 million Series E funding round, reaching a $2.11 billion valuation. Founded in 2017, the company is headquartered in Bengaluru, Karnataka, India. Paytm Mall offers a multi-category e-commerce platform providing electronics, beauty, personal care, fashion, home improvement, two-wheelers, books, and more.
The platform is available on Android and iOS and provides a seamless shopping experience for consumers and sellers.
Keep reading to learn how Paytm Mall became a leading e-commerce unicorn.
What Is Paytm Mall and What Does It Do?
Paytm Mall is a horizontal e-commerce platform offering products across multiple categories including electronics, fashion, personal care, home improvement, and books.
The platform connects consumers with sellers, providing mobile applications for easy browsing, ordering, and payment. Paytm Mall focuses on delivering convenience, product variety, and competitive pricing through technology-driven marketplace operations.
How Much Funding Has Paytm Mall Raised?
1. Seed Round
- Amount Raised: $5 million
- Date: 2017
- Lead Investors: Early stage angel investors
- Purpose: Launch e-commerce platform and initial operations
2. Series A Round
- Amount Raised: $50 million
- Date: 2017
- Lead Investors: K2 Global
- Purpose: Expand product catalog and onboard sellers
3. Series B Round
- Amount Raised: $150 million
- Date: 2018
- Lead Investors: Sapphire Ventures
- Purpose: Scale operations, marketing, and technology infrastructure
4. Series C Round
- Amount Raised: $453 million
- Date: March 09, 2018
- Valuation: $2.11 billion
- Lead Investors: SoftBank Group
- Purpose: Accelerate platform growth and expand nationwide operations
5. Series D Round
- Amount Raised: $164 million
- Date: July 17, 2019
- Purpose: Selective scaling, technology upgrades, and operational expansion
Total Funding Raised: $817 million Latest Funding Date: July 2019 Latest Known Valuation: $2.11 billion Employee Count: 14,961 as of June 2025
Key Investors
- Sapphire Ventures
- Details: Global venture capital firm
- Focus Areas: Technology platforms, consumer internet, and e-commerce
- K2 Global
- Details: Private investment firm
- Focus Areas: High growth technology companies and marketplaces
Where Is Paytm Mall’s Headquarters?
Paytm Mall is headquartered in Bengaluru, Karnataka, India, serving as the central hub for its leadership, technology, marketplace operations, and seller support teams.
What’s Next for Paytm Mall?
Paytm Mall plans to expand its multi-category offerings, enhance mobile and web platforms, and scale seller and consumer adoption. The company continues to invest in technology, logistics, and operational efficiency to strengthen its position in India’s e-commerce ecosystem.
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