how can i invest in paytm from USA?

[psycopk]

Warren Buffett is investing in India's Paytm

 

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Warren Buffett is gearing up to invest in India's top mobile payments company.

 

The renowned investor's company, Berkshire Hathaway, is set to pick up a stake in Paytm, a source familiar with the deal told CNNMoney on Monday.

The two companieshave been discussing for several months an investment of about 25 billion rupees ($360 million) that would value Paytm at around $10 billion, the source said, adding that the deal could be announced as soon as this week.

Paytm declined to comment, while Berkshire Hathaway did not immediately respond to a request for comment outside regular business hours.

The news was first reported by Indian newspaper Mint.

Buffett's first investment in an Indian company will see him enter a fast-growing market where some of Silicon Valley's top players are already looking to make a mark.

Google launched its mobile payments app Tez in India last year, and WhatsApp, the mobile messenger owned by Facebook, is testing a similar service.

"There is a lot of traction," said DD Mishra, a research director at Gartner. "This market is going to be very competitive, and you need deeper pockets to survive for a long time," he added.

Indians love to do business in cash, and most transactions in the country are still conducted in rupee notes and coins.

But Prime Minister Narendra Modi's shock decision to ban 86% of India's cash in November 2016 gave a big boost to online wallets such as Paytm, which signed up around 10 million new users within a month.

It is the market leader in mobile payments, with more than 300 million users, and has also started an online retail platform called Paytm Mall to take on Amazon and Flipkart, which was bought by Walmart earlier this year.

India's large young population with growing disposable incomes make it a hugely promising market for mobile payments and online shopping, said Kenny Liew, an analyst at research firm Fitch Solutions.

"This will be translated into more spending, leading to increased volumes of e-commerce sales and payments for Paytm to capture," Liew added.

Buffett has spoken previously about his bullishness on India, saying in an interview with a local TV channel last year that the country had "incredible" potential as a market.

"If you tell me a wonderful company in India that might be available for sale, I'll be there tomorrow," he said.

An investment by the Oracle of Omaha, as he is popularly known, will make people sit up and take notice. Berkshire Hathaway will join Chinese tech giant Alibaba and Japanese conglomerate SoftBank as big name investors in Paytm.

"Given that Buffett is a fundamental investor and most of his investments last at least a decade, it is an unambiguous signal that Paytm would be relevant over such a long time horizon," said Vaidyanathan Krishnamurthy, a professor of finance at the Indian School of Business.

[Bitcoin_Baba]

https://www.quora.com/How-can-I-invest-in-Paytm

[psycopk]

23 minutes ago, Bitcoin_Baba said:

https://www.quora.com/How-can-I-invest-in-Paytm

i saw this.. but i heard we can buy into private company stocks in some forum... need to followup on that..

[AlaElaAlaEla]

3 minutes ago, psycopk said:

i saw this.. but i heard we can buy into private company stocks in some forum... need to followup on that..

You cannot.

1)Paytm is a privately traded company. That means ordinary people cannot invest money because their company shares are not traded in the stock exchange of India.

2) Even if you manage to contact the founder of Paytm,the decision of selling the shares to you lies with him and he may very well refuse selling shares to you

3) Even if you manage to convince him to sell shares of his company, you're looking at a minimum ticket(buying) size in cores.

4) since your buying shares off counter and not paying STT fess which is normally charged when you buy shares from BSE/NSE , you will have to pay taxes on profits which is otherwise tax free asset.

[Ara_Tenkai]

nenu one year nundi chustunna... public pothademo ani... but vellatel...parent company peru one97 

[psycopk]

1 minute ago, Ara_Tenkai said:

nenu one year nundi chustunna... public pothademo ani... but vellatel...parent company peru one97 

idi kuda not publicly traded la undi ga

[Ara_Tenkai]

Just now, psycopk said:

idi kuda not publicly traded la undi ga

yes... idi kuda private ee... i dont think it will go public as it is heavily funded by alibaba and soft bank....

[Biskot]

vuu