NEW DELHI—Warren Buffett’s Berkshire Hathaway Inc. is getting into the mobile-payments business. The Omaha, Neb., conglomerate said Monday it invested in One97 Communications Ltd., the parent company of Paytm. The Noida, India-based company is India’s largest mobile-payments firm. It makes a popular smartphone app that can be used to pay for everything from movie tickets to auto-rickshaw rides.

Source: Wall Street Journal August 27, 2018 12:21 UTC