According to a regulatory filing by Paytm e-commerce, an aggregate amount of $400 million (about Rs 26 billion) has come from SB Investment Holdings (UK) and its affiliates, including SoftBank Vision Fund.
About $45 million (about Rs 2.9 billion) has been pumped in by Alibaba.com Singapore E-commerce, it added.
The deal, which has been executed through a private placement offer, values Paytm Mall at over $2 billion.
"We are committed to increasing the business growth for the offline merchants, who serve their customers daily. The funds will be deployed for empowering the shopkeepers with superior technology and building logistics, strengthening the Paytm Mall brand and bringing an enriching experience to the customers," he added.