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PayPal-backed Mintoak buys Digiledge in India's first e-rupee related deal

PayPal-backed Mintoak buys Digiledge in India's first e-rupee related deal

FILE PHOTO: An Indian one rupee coin is seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS/Vivek Prakash/File Photo

Indian startup Mintoak, which provides merchant payment services to lenders, said on Tuesday it has bought Digiledge, marking the first acquisition in the nascent central bank digital currency space in a deal that sources said was worth around $3.5 million.

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