paytm: Swiss RE may join Paytm’s insurance business
New Delhi | Mumbai: IPO-bound digital payments company Paytm is in the final stages of negotiations to bring on board Swiss RE as a strategic partner in its insurance vertical
ahead of its listing.
The Zurich-based reinsurance giant is looking to acquire a 20-25% stake in the venture by initially making a capital commitment of around $100 million, said people familiar with the matter. The joint venture is about to get formalised even as