India Digest: L Catterton sells its stake in Genesis Luxury; Paytm Mall to invest in Bigbasket in Oct

India Digest: L Catterton sells its stake in Genesis Luxury; Paytm Mall to invest in Bigbasket in Oct

Ravi Thakran. Photo- Mint

L Catterton Asia has sold its around 40% stake in Genesis Luxury to Reliance Brands. Paytm Mall is close and announce its $200-million investment in e-grocery major Bigbasket next month.

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