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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.

Who Reads Us

Fintech Highlights

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  2. Skydo gets payment licence in Canada

  3. Telangana CID arrests Worldline executive in multi-crore Falcon fraud case

  4. ED raids Safexpay, Decentro, others in online investment fraud probe

  5. PhonePe says dormant wallet fee will not impact UPI, bank accounts

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AI/Emerging Tech

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  2. Amazon to invest $13 billion more for India AI, cloud expansion

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  4. OpenAI launches first custom AI chip 'Jalapeño' built with Broadcom

  5. JustAI secures $17 million in Series A funding led by Base10

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IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

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

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Money & Machines

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  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI

  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

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

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