Category Archives: Paytm

Instamojo raises $7M to help SMEs and ‘micro-entrepreneurs’ in India sell online

In India, startups are quietly building the tools and platforms to enable a different kind of gig economy: one that allows “micro-entrepreneurs” to tap growing access to the internet to sell goods and services online. One such firm helping this burgeoning economy is Instamojo, a seven-year-old Bengaluru-based startup, which has pulled in a $7 million Series B as it aims to grow its reach to more than one million SMEs and micro-SMEs in India. Founded in 2012 as a side project, Instamojo offers independent merchants the means to […]

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Berkshire Hathaway reportedly agrees to buy stake in One97, owner of Paytm

Berkshire Hathaway has reportedly agreed to buy a stake in One97, the owner of India’s largest digital payments service Paytm . This would mark the first time the investment firm has invested in an Indian startup. According to Indian financial news site Mint, which first broke the news, Berkshire Hathaway, the investment firm headed by Warren Buffett, is set to buy shares worth about $300 million to $350 million, at a valuation of about $10 billion to $12 billion. Another report in Bloomberg says Berkshire Hathaway will […]

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