Bigger India

Berkshire Hathaway Takes Stake In India’s Paytm

It will be Berkshire's first investment in one of the country’s startups, according to Mint, an India-based newspaper that first reported the deal.

Berkshire Hathaway has taken a stake in Paytm, India’s largest digital payments company, it confirmed Monday.

Berkshire is slated to buy $300 million to $350 million of Paytm’s parent company One97 Communications, valuing it around $10 billion to $12 billion.

Read it at Forbes

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