News > Paytm Mall loses unicorn status!!!

Paytm Mall loses unicorn status!!!

23/12/2021 06:12 PM | Click to read full article

The unicorn status is given to that company, whose valuation is more than 1 billion dollars. Since the valuation of Paytm Mall has come down to less than $1 billion, the company has been left out of the unicorn category.

It became a unicorn in 2018 after raising funds from SoftBank and others. The company competes with Amazon, Flipkart, and Snapdeal.