Buffett's Berkshire Hathaway books a loss as it exits India's Paytm

Buffett's Berkshire Hathaway books a loss as it exits India's Paytm

FILE PHOTO: Paytm app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo

Berkshire Hathaway has offloaded its entire 2.46% stake in Indian fintech unicorn Paytm, booking a loss of about 40% which translates to over Rs 600 crore on an investment made more than five years ago.

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