Ant Financials

Ant Financials ends up raising $14 Bn: Ratan Tata eyes .1% equity for $150 Mn

While Alibaba-owned payment group was reportedly raising $10 billion, it ended up $14 billion from the likes of Singapore’s GIC and Temasek, General Atlantic and Warburg Pincus. Ratan Tata-founded UC-RNT Fund would buy .1 per cent equity for about 150 million in China’s payment major