Saturday, July 20, 2024
HomeUncategorizedTelecom tycoon Sunil Mittal is seeking a stake in Paytm

Telecom tycoon Sunil Mittal is seeking a stake in Paytm

According to those with knowledge of the situation, Indian telecom mogul Sunil Mittal wants to acquire a stake in Paytm by combining his financial services business with the payments bank of the fintech behemoth.

According to the people, who asked to remain anonymous because they were sharing private information, Mittal wants to merge Airtel Payments Bank with Paytm Payments Bank through a stock deal and also buy Paytm shares from other shareholders. Airtel and Paytm may not achieve an agreement at this point in the negotiations, the people said.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.