• Big B’s ₹1.6cr investment in blockchain firm grows to ₹112cr

    Published Date : 20-Dec-2017 7:48:03 IST

    The value of an investment by Amitabh and Abhishek Bachchan in a Singapore blockchain firm offering microfinance through cryptocurrencies has grown 70 times from $250,000 (₹1.6cr) to $17.5 mn (₹112cr) in 2.5 years. In 2015, the Bachchans had invested in Meridian Tech, whose asset Ziddu.com was acquired by Nasdaq-listed LongFin Corp last week. Following the acquisition, LongFin’s stock rose 1,200%.

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