India: Bajaj Finance picks up stake in mobile payments firm MobiKwik for $35m

India: Bajaj Finance picks up stake in mobile payments firm MobiKwik for $35m

India’s Bajaj Finance Ltd said on Wednesday, 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).

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