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Reliance Capital sells Paytm stake for Rs. 275 cr to Alibaba

Reliance Capital has sold its nearly 1% stake in Paytm for Rs 275 crore to China-based e-commerce giant Alibaba group. The financial services arm of Anil Ambani-led group had invested Rs 10 crore for this stake in Paytm. In December last year,Paytm Chief Executive Officer (CEO) Vijay Shekhar had sold 1% from his stake in the … Continue reading "Reliance Capital sells Paytm stake for Rs. 275 cr to Alibaba"
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http://www.fonearena.com/blog/214112/reliance-capital-sells-paytm-stake-for-rs-275-cr-to-alibaba.html

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