This Indian billionaire sold his company for just $1 - was once valued at over $2 billion
UAE based Indian billionaire BR Shetty's Finablr Plc is selling its business to an Israeli UAE consortium for just $1, capping the collapse of a business that had a market value of 1.5 billion pounds ($2 billion) merely 12 months ago.
The deal is also among the first significant commercial transactions between UAE and Israeli companies after the countries signed a normalization accord earlier this year: Photo from Twitter