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The Economic Times - - Companies: Pursuit Of Profit -

Me­di­atek. It has been in the mar­ket to raise its fourth round of fund­ing at a val­u­a­tion of $1 bil­lion, ac­cord­ing to CEO Bipin Preet Singh.

The dig­i­tal pay­ment com­pany, which com­petes with Paytm among oth­ers, has 55 mil­lion users and 1.5 mil­lion mer­chants and claims to be grow­ing at 250% year-on-year.

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