Hero's Sunil Munjal eyeing Paytm stake at $5.7 bn valuation
Hero MotoCorp's Joint MD Sunil Munjal and Adventz Group Chairman Saroj Poddar are reportedly looking to buy a 0.35% stake or 1.6 lakh shares in Paytm, that would value the mobile wallet $5.7 billion (₹38,800 crore). The duo will buy the ₹50 crore worth of stake from early investor Nikhil Vora at ₹8,000 per share. 