In order to capture the digital payments market, giants can wage war soon. Petmillion has received a lot of money from Berkshire Hathaway, which will make it faster in the market. According to the news, Warren Buffet, the world's largest investor, invested $ 300 million in Patti's parent company 'One -97 Communication Limited'. Warren Buffet's company, Barclayer, is the first such investment in India. Berkshire Hathaway usually does not invest in internet firms.
Looking at the ongoing competition in the Google Pay, Amazon Pay, Bhim, Flipcart phone -P and PAYTM in the country's digital payment market, this investment in Berkshire is considered to be a big boost for Patti. Berkshire is a major investor company. Earlier, Berkshire Hathaway has invested in many listed firms such as International Business Machines (IBM) and Apple, but this is the first time that he has invested in a platform like PAYTM. However, Berkshire recently came in B M. But he still has his investment in Apple. PAYTM is also invested in Japan's SoftBank, China's Alibaba and Ent Financiale.
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