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Ant Finacncial

Paytm spins off separate entity for online retail businesses

One97 Communications, the company which owns and operates Paytm, a mobile marketplace and digital wallet, has incorporated a separate entity for its online retail business as its key investor Alibaba Group Holding Ltd firms up plans to enter India...
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Retail tech small format grocery chain Frendy raises Rs 2 cr

The capital raised will be used to fund its central inventory needs to feed its network of Frendy Marts...
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