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ANT GROUP PAYTM
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...
- Stocks in news: RIL, IDFC First Bank, Paytm, Sun Pharma, Manappuram FinanceIndian markets faced pressure extending a corrective phase. Key companies like RIL, IDFC First Bank, and Paytm reported their financial res...
- 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...
- China's Ant Group to exit Paytm: ReportChina's Ant Group plans to fully exit Indian fintech firm Paytm by selling its remaining 5.84% stake via block deals worth $433.72 million....
- Why Ant Financial is reducing its Paytm stake amid rising geopolitical tensionsChinese fintech giant Ant Financial offloads shares worth Rs 2,200 crore in Paytm amid continued stake reduction. The news triggered a sign...
- Paytm shares fall 5% after Ant Financial likely offloads 4.1% stake via block dealsAnt Financial, a subsidiary of Alibaba, is reportedly planning to sell Paytm shares worth ₹2,200 crore through block deals, offering them a...
- China's Ant Group to sell 4% stake in Paytm for $242 million, term sheet showsAnt, an affiliate of Chinese conglomerate Alibaba Group , will sell the stake at Rs 809.75 per share, a discount of 6.5% to Paytm's closing...
- SoftBank, Ant Group discuss Paytm secondary sale to reduce holding in payments firmPaytm’s management including its founder and CEO Vijay Shekhar Sharma are seen to be opposed to a strategic investor coming on board the co...
- Jack Ma-backed Ant group plans to pare stake in PaytmThe Chinese fintech giant has been discussing options to reduce its stake in One 97 Communications Ltd. after its share percentage increase...
- 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...
- China's Ant Group may sell about 5% of Paytm via OFSOffer may also be split as a pre-IPO QIP; move to ensure regulatory compliance
- 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...
- China's Ant mulls Paytm stake sale amid tensions with India: ReportThe main trigger for Ant to consider a stake sale in Paytm is the worsening diplomatic relations between India and China in the past few mo...
- Ant Group denies talks to sell stake in PaytmPaytm competes with Google Pay, Walmart’s PhonePe and Amazon Pay in the digital payments segment - which include Unified Payments Interface...
- Ant talks of significant influence over PaytmAnt Group's stake in the Paytm parent would be pegged at about $5 billion, based on the $16 billion valuation ascribed to its business when...
- Alibaba's Jack Ma needs PM Modi more than bad social circlesMore than 90 percent of Indian transactions are in cash and many citizens don't have a bank account, let alone ATM or credit cards.
- 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.
- China's AliPay opens account in India with 25% stake in One97The deal is Ant Financial’s first-ever investment into an Indian firm and highlights the potential growth of the country's digital sector.
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