DealTracker - Microsoft Picks Up Stake In e-service Firm Oxigen

Microsoft has picked up about a 35 per cent equity stake in Oxigen, an India-based e-distribution company that enables services like recharges, bill payments and subscriptions for telecom operators, Internet service providers, direct-to-home broadcasters and more recently railway and airline ticket booking. Financial details were not disclosed.
“Microsoft will help Oxigen scale up its business and […]


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