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Retrieved on: 2018-03-12 22:03:45
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<div>Emerging market investor Actis and hedge fund Altimeter Capital have acquired a minority stake in Indian retail payment company Pine Labs Pvt Ltd. for $82 million, Actis said in an statement. <b>Sequoia Capital</b>, which first invested in the company in 2009, will retain a majority stake in the business.</div>
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