China’s Ant Group to fully exit from Paytm with Rs 3,800 crore stake sale
The Alibaba affiliate intends to sell its remaining 5.84% equity stake in the Indian fintech, which just posted its first profitable quarter.
4 August, 2025•3 min
0
4 August, 2025•3 min
0
More in Internet
Internet
SoftBank exits major InMobi stake in $250 million buyback deal
Ahead of the planned IPO, InMobi founders have bought back more than 30% of the company from the Japanese investment giant, raising their stake to around 60%.
You may also like
Internet
There’s more to Paytm’s optimistic results than meets the eye
Cost-cutting measures and growth from a low base make Paytm’s numbers appear better than they are. What comes next will be closely watched by investors who now have other fintech bets to consider.
Internet
An appreciation of the late-mover advantage
From electric vehicles to quick commerce, finance to retail, India continues to be a market where late movers can always catch up.
Business
Big changes at Saudi Arabia’s sovereign wealth fund
From pulling back on international bets to writing down its domestic gigaproject portfolio, PIF’s moves are a reflection of the kingdom’s challenges.