Shareholding

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

  1. Jupiter Money gets IRDAI approval to enter insurance distribution space

  2. Phi Commerce raises $6 million part of Series B round

  3. BNPL startup Snapmint swings to net profit in FY25: report

  4. Infibeam Avenues completes Rs 700 crore rights issue

  5. Insurtech platform Plum sets up health vertical
  6. Read more highlights...

AI/Emerging Tech

  1. Perplexity ties up with Bharti Airtel to provide 12-month free Pro subscription

  2. Meta ropes in two senior Apple AI researchers

  3. OpenAI launches proactively thinking and acting ChatGPT agent

  4. IBM opens Agentic AI Innovation Center in India

  5. Google rolls out Gemini 2.5 Pro, Deep Search to AI Mode in Search
  6. Read more highlights...

Editor's Pick

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  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case