Warren Buffet confirms his first investment over Indian Company

Warren Buffet confirms his first investment over Indian Company

                This may be a shocking news for everyone... Yes its true as of now Warren Buffet has not done any investment in Indian companies. But for the past three months they are discussing about investing in India and Finally they have decided it. 

Which Company?

                Vijay Shekar Sharma's "ONE 97 Communication" is the luckiest company which got this opportunity. Have you never heard this company name right???

                Let me explain this, many of us heard the name PAYTM  one of the leading company in Indian E-Commerce market. Got it right???   ONE 97 Communication is the parent company of PAYTM.

How much?

                     Warren Buffet's Berkshire Hathaway decided to invest around 2250 Crores in Indian Rupee towards this company which is equivalent to 300 million US Dollars. In behalf of Warren a group under Debbie Bosanek from Berkshire Hathaway confirmed the deal with Vijay Shekar.

Who are all Share Holders?

                    Alibaba, soft bank, S.A.I.F partners were joined initially now Berkshire Hathaway also joined as a  investor. Paytm has received invest from Soft bank recently before the confirmation from Buffets team.