Berkshire Hathaway Makes First Direct Investment in India
This article was originally published on ETFTrends.com.
Warren Buffett’s Berkshire Hathaway has purchased a stake in Paytm, India’s largest digital payments company, the company confirmed last week. Although Buffett was not personally involved in the deal, Berkshire Hathaway stated that “the investment was made” in One97 Communications, parent company of Paytm. According to Mumbai’s Economic Times, it is estimated that Berkshire paid [...]