India Digest: Alibaba picks Nikhil Vora stake in Paytm; Mswipe buys PayU offline merchant biz

India Digest: Alibaba picks Nikhil Vora stake in Paytm; Mswipe buys PayU offline merchant biz

Photo: Bloomberg

Alibaba Group Holdings has bought out former IDFC Securities equity analyst Nikhil Vora’s stake in One97 Communications, while mobile point of sale (PoS) solution provider Mswipe Technologies has acquired the offline merchant acquiring business of PayU India.

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