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. Infibeam transferring e-commerce biz to subsidiary Rediff

  2. Pine Labs appoints Avendus Capital's Sameer Kamath as CFO

  3. AU Small Finance Bank gets RBI's in-principle nod for universal bank licence

  4. Rainmatter invests in former Zerodha advisor floated company

  5. DPDzero secures $7 million in Series A led by GMO Venture Partners
  6. Read more news...

AI/Emerging Tech

  1. xAI legal lead Robert Keele steps down

  2. OpenAI launches 'smart', less hallucinating GPT-5

  3. Google launches personal learning companion tool in Gemini

  4. Ex-Tesla executives launch AI startup DensityAI

  5. Amazon hosts OpenAI models on AWS for first time
  6. Read more news...

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  3. RBI vs Government: The battle over India’s digital payments ecosystem explained