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ICICI Venture invests $22.4M in Bangalore-based BTI Payments for significant stake

Friday, November 29, 2013 | More »

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ICICI Venture, the alternative asset management arm of ICICI Bank, has bought a ‘significant stake’ in Bangalore-based payment gateway services provider BTI Payments Pvt Ltd for Rs 140-crore ($22.4 million). The investment will help BTI enter the White Label ATMs (WLAs) segment in India, th...