![Warren Buffett’s Berkshire Hathaway exits Paytm at a 40% loss](https://i.comentr.com/alDJ2Dt2ikQ8DJJ1o93uBhpmYPk_tam.jpg)
Warren Buffett’s Berkshire Hathaway exits Paytm at a 40% loss
https://techcrunch.com/2023/11/24/warren-buffett-berkshire-hathaway-exits-paytm-at-a-40-loss/
Berkshire Hathaway sold its shares in the Paytm-parent firm One97 Communications Friday, booking a loss of about 40% on the investment it made more than five years ago.
The Warren Buffett firm invested about $260 million in Paytm in 2018, acquiring a 3% stake in the financial services startup at a valuation of about $10 billion.