Antfin

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.

Fintech Highlights

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  5. Arohan Financial Services appoints Milind Nare as Deputy CEO, Ketan Agrawal as Deputy CFO
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AI/Emerging Tech

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  2. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

  3. Meta strikes licensing deal with Midjourney

  4. OpenAI warns against unauthorized investment vehicles

  5. Google inks cloud computing deal worth $10 billion with Meta
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