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Bajaj Finance buys stake in MobiKwik
20 views | Aug 03, 2017, 03:39:05 PM
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Bajaj Finance Ltd said, it would buy nearly an 11 percent stake in mobile payments wallet company One MobiKwik Systems Private Ltd for about 2.25 billion rupees ($35.36 million). Bajaj Finance will enter into a subscription agreement with MobiKwik to buy 10 equity shares and 271,050 compulsory convertible preference shares (CCPS).
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