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PAYTM CHINESE HOLDINGS
Elevation Capital sells Rs 964 crore Paytm Shares via block dealsOver the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, have emerged among the biggest sel...- Elevation Capital offloads around Rs 964 crore worth of shares in PaytmElevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. This follows a trend of early invest...
- Bitcoin slips near $79,600 as broader crypto market weakens; BTC dominance stays elevatedBitcoin slipped near the $79,600 mark as the broader crypto market weakened amid inflation concerns and cautious investor sentiment. Analys...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- A decade after Jack Ma’s bet, Paytm’s China ties endThe exits mark the end of a high-profile Japanese-Chinese investor chapter in Paytm’s journey, from becoming India’s most valued startup at...
- 'As desi as Tata and Maruti': Paytm is 100% Indian after Jack Ma's Ant Fin exits fintechPaytm is now fully Indian-owned as Antfin completed its exit, selling its remaining stake. This shift follows exits by other major early ba...
- Paytm bulk deal: Societe Generale buys over 67 lakh shares worth Rs 720 crore in One 97 CommunicationsSociete Generale acquired over 67 lakh Paytm shares worth Rs 720 crore as Antfin exited its 5.84% stake. With no Chinese ownership remainin...
- Antfin exits Paytm in Rs 3,800 crore bulk deal. What zero-Chinese ownership means for investorsAntfin’s exit from Paytm marks a significant shift in the company’s ownership structure, eliminating all Chinese shareholding. Antfin (Neth...
- Ant Financial to sell shares worth Rs 2,200 crore in Paytm parentShares are likely to be offered at a floor price of Rs 809.7 apiece — a 6.4% discount to Paytm’s closing price of Rs 866 on Monday. Paytm s...
- India defers approval of Paytm's investment in its payments armOne 97 Communications, popularly known as Paytm, is already under the scrutiny of India's banking regulator and financial crime-fighting ag...
- Antfin sells 3.6% stake in Paytm for Rs 2,037 cr; ADIA, Goldman among buyersEarlier this month, Paytm CEO entered into an agreement to acquire 10.3% through an off-market transfer from Antfin, which is an affiliate ...
- Antfin transfers 10.3% stake to Paytm chief Vijay Shekhar SharmaThe deal turns One97 Communications, which operates under Paytm brand name, into a majorly Indian-owned company from being majorly owned by...
- Paytm completes share buyback worth Rs 850 croreThe Paytm board had approved buyback of shares worth Rs 850 crore on December 13, representing 6.67% of the total paid-up share capital bet...
- Ant Group nominee Douglas Feagin steps down from Paytm boardDouglas Feagin served on the nomination and remuneration committee of the board of One 97 Communications, as well as its stakeholder relati...
- The China angle that could hamper Paytm's forward marchGlobal financial services major Macquarie isn't enthused and sees a 40% downside from its issue price in what it described as a 'cash guzzl...
- Paytm IPO: Chinese nationals exit boardAccording to filings with the registrar of companies, Jing Xiandong of Alipay and Guoming Cheng of Ant Financial, both Chinese nationals, h...
- How logjam with China has hit Indian startupsApart from Ant, SoftBank and SAIF Partners are currently the other large shareholders in One97 Communications with stakes of around 19% and...
- Paytm partners with Genesis Luxury for payment gateways in IndiaThis would allow users to scan the store QR code and pay using the balance on their Paytm wallet. Genesis Luxury has the philosophy that lu...
- Paytm to transfer wallet business to payments bankPaytm recently came under public scrutiny as the debate on demonetisation and increase in wallet signups brought to fore claims of Chinese ...
- Alibaba, Ant Financial invest about $680 million in Paytm, up stake to 40%Chinese e-commerce giant Alibaba Group Holding has made a strategic investment in One97 Communications, the parent company of Paytm.
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