India: Paytm to invest in Rooter Sports' pre-Series A funding round

India: Paytm to invest in Rooter Sports' pre-Series A funding round

FILE PHOTO: A worker adjusts a hoarding of Paytm, a digital payments firm, in Ahmedabad, India, January 31, 2019. REUTERS/Amit Dave

One97 Communications Ltd, the parent company of Paytm, plans to invest ₹5 crore in sports fan engagement platform, Rooter Sports Technologies, as part of its pre-Series A round, according to two people aware of the deal.