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India Digest: Pay U buys Mindgate stake; TBO Tek shares drop 5%

India Digest: Pay U buys Mindgate stake; TBO Tek shares drop 5%

Photo by Paul Hanaoka on Unsplash.

Prosus-owned payments and fintech business Pay U has bought a 43.5% stake in Mindgate Solutions, while shares of TBO Tek dropped by around 5% after overseas investors Augusta TBO and Korea Holdings move to sell a 3.1% stake in the company.

Edited by: Padma Priya

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