The investment holding company has made an investment in Paytm owner One97 Communications reportedly sized at up to $356m.
Investment holding company Berkshire Hathaway provided an amount of funding for One97 Communications, an India-based e-commerce and financial services platform backed by several corporate investors, yesterday at a reported $10bn valuation.
Although One97 did not disclose the terms of the deal, the Economic Times had previously reported that Berkshire Hathaway had been in talks to invest between Rs 20bn and Rs 25bn ($285m to $356m) at a valuation of more than $10bn.
One97 operates both Paytm, a financial services platform…