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Targeting GMV of $100 bn by end-2019: Paytm CEO Vijay Shekhar Sharma

Sharma said Paytm Money will soon be launched for mutual funds

Vijay Shekhar Sharma

Vijay Shekhar Sharma, Founder, Paytm

Karan Choudhury
The list of marquee investors in Paytm, owned by Vijay Shekhar Sharma-founded One97 Communications, includes Jack Ma-led Alibaba and Masayoshi Son-led SoftBank. Now, it has added Warren Buffet’s Berkshire Hathaway to the list. The US-based company invested $365 million in Paytm, valuing it at $12 billion. Sharma tells Karan Choudhury that this will help his company become truly global. Edited excerpts:

When did the talks start? 

I spoke to Todd Combs, investment manager of Berkshire Hathaway, in February where we had a freewheeling two-hour-long conversation about India, technology, investments. We then shared our company details and annual reports. Later,

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First Published: Aug 29 2018 | 5:30 AM IST

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