Paytm raised $300 mn from Warren Buffett's Berkshire Hathaway

Paytm's parent One97 Communications raised $300 million from billionaire Warren Buffett-led Berkshire Hathaway, according to its filings with the Registrar of Companies. One97 is valued at $10 billion after the deal, as per calculations by BloombergQuint. The investment gives Berkshire Hathaway a 2.9% stake in the company, which counts Alibaba Group as its largest shareholder with a 38.4% stake.