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OSV+ is the VC’s fourth fund, with focus on mid-stage tech investments in existing portfolio companies.

Earlier this month, Israel and the UAE signed a memorandum of understanding in banking that will see a joint committee set up to advance cooperation in finance and investments.

The company moved fast to meet explosive growth in the demand for cloud-based video services the education and corporate training sectors during the COVID-19 pandemic.

Paytm’s other apps such as Paytm Mall, Paytm Money and others are still available on Play Store.

The reported USD 10 million deal is a bargain for Tencent compared to the previous Premier League contract.

The web tracker has since been removed, but IndieHome didn’t clarify the incident.

The report said the festive season is expected to see 45 to 50 million new users shopping online.

The investment will help expand the platform’s retail merchant network and accelerate the adoption of digital payment in the country.