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Alibaba

The Paytm Ledger; How Dunzo

The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

29 Nov 2025, 10:00 AM

In this edition, we look at how Paytm's investor ledger is the most powerful case study; and how VCs are chasing a new segment in the AI space, thanks to Dunzo's Kabeer Biswas.

Exclusive: Paytm gets in-principle approval from RBI to operate as payment aggregator

Exclusive: Paytm gets in-principle approval from RBI to operate as payment aggregator

12 Aug 2025, 20:46 PM

The approval comes barely a week after Ant Group's Antfin, backed by Chinese giant Alibaba, offloaded its entire 5.84% stake in Paytm.

Antfin looks to fully exit Paytm via Rs 3,800 crore share sale

Antfin looks to fully exit Paytm via Rs 3,800 crore share sale

05 Aug 2025, 13:09 PM

This latest divestment plan follows Antfin's previous stake reduction in May 2025, when it sold a 4% holding for Rs 2,103 crore.

China

China's Antfin offloads 4% stake in Paytm worth $246 million: report

13 May 2025, 14:10 PM

Antfin, which holds a 9.85% stake in One 97 Communications, has been steadily reducing its holding. In Aug 2023, it transferred around 44% of its Paytm stake to CEO Vijay Shekhar Sharma.

Who Reads Us

Fintech Highlights

  1. Mettle Capital, floated by former Peak XV execs, targets $350-400 million for debut fund

  2. ED raids payment aggregator Pay10 premises in PMLA probe

  3. ED freezes Rs 526 crore in Gameskraft case

  4. Lighthouse Canton rolls out Rs 1,200 crore private credit fund

  5. Inflection Point Ventures makes 16 exits in FY26 with Secret Alchemist delivering top returns

  6. Read more news...

AI/Emerging Tech

  1. India's AI venture firm Activate makes strategic bet on ElevenLabs

  2. Zoho invests Rs 70 crore in ONDC

  3. Fractal Q4 FY26 revenue from operations up 17% to Rs 886 crore

  4. Flo Mobility bags pre-Series A funding co-led by Mela Ventures, Arali

  5. Fi cofounder Sumit Gwalani launches stealth AI venture for enterprises

  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

  3. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  5. Read more news...

Money & Machines

  1. Razorpay's IPO + Visa's appointment + AI-IT tieups

  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

  4. 'Guilty, until proven innocent'; The ARR illusion

  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]

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