Anil Ambani’s Reliance Capital sells its stake in Paytm for $41 mn

paytm_tc_feAnil Ambani-controlled Reliance Capital Ltd has sold its nearly 1% stake in digital wallet company Paytm for Rs 275 crore ($41 million) to China’s Alibaba Group, a report by Press Trust of India stated, citing unnamed sources. Reliance Capital had put in Rs 10 crore for its investment in the wallet firm. Besides, the financial […]

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