Paytm has teamed up with Hong Kong-based firm AGTech Media to launch a mobile gaming company in India. As per the joint venture, Paytm will hold 55% in the new joint venture while AGTech group will own 45%. Together they would invest $16 million (Rs 103 crore) in the venture. Paytm will invest around $8.8 million and AGTech will invest $7.2 million in the new venture.
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