Warren Buffet Bets on This Indian Unicorn & Elon Musk is Over His Dream of Taking Tesla Private: 4 Things to Know Today

Stay tuned to get every day updates in 60 seconds.
Former Correspondent, Entrepreneur Asia Pacific
1 min read

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

1. Paytm is on the way to become a decacorn, courtesy Warren Buffett. The legendary entrepreneur’s holdings Berkshire Hathaway is reportedly planning to invest $300-350 million in the Paytm for a 3 to 4 per cent stake.

2. Elon Musk is over his dreams of taking Tesla private. Falling share prices, unhappy investors and unanticipated criticism has reportedly contributed to the billionaire CEO’s decision of keeping his car company public. 

3. In the other investment news, Amazon plans to pay big bucks to enter Indian retail. The global e-commerce giant might invest around $700 million for a 12 to 15 per cent stake Kishore Biyani’s Future Group. 

4. Looking to reconnect with your college buddies? Instagram is your destination. The photo-sharing app is testing a feature designed to bring college students from same university together in a virtual community.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Starting, buying, or growing your small business shouldn’t be hard. Guidant Financial works to make financing easy for current and aspiring small business owners by providing custom funding solutions, financing education, and more.

Latest on Entrepreneur

Entrepreneur Media, Inc. values your privacy. In order to understand how people use our site generally, and to create more valuable experiences for you, we may collect data about your use of this site (both directly and through our partners). By continuing to use this site, you are agreeing to the use of that data. For more information on our data policies, please visit our Privacy Policy.