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Google and Paytm may come together to take 10% stake in Future Retail

Google and Paytm may come together to take 10% stake in Future Retail

Monday, August 27, 2018, 5:44 PM

Alibaba-backed Paytm and Google may reportedly form a consortium and invest up to Rs 4,000 crore in Kishore Biyani-led Future Retail for a 7-10% stake in the company. This comes after Biyani said he may close a deal with a foreign investor in the next two-three months. Earlier, it was reported that Biyani held talks with Amazon and Alibaba for investment.
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