Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...

The 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 plans to fully exit Indian fintech firm Paytm by selling its remaining 5.84% stake via block deals worth $433.72 million....

Chinese fintech giant Ant Financial offloads shares worth Rs 2,200 crore in Paytm amid continued stake reduction. The news triggered a sign...

Ant Financial, a subsidiary of Alibaba, is reportedly planning to sell Paytm shares worth ₹2,200 crore through block deals, offering them a...

Ant, 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...

Paytm’s management including its founder and CEO Vijay Shekhar Sharma are seen to be opposed to a strategic investor coming on board the co...

The Chinese fintech giant has been discussing options to reduce its stake in One 97 Communications Ltd. after its share percentage increase...

Douglas Feagin served on the nomination and remuneration committee of the board of One 97 Communications, as well as its stakeholder relati...

Offer may also be split as a pre-IPO QIP; move to ensure regulatory compliance

According to filings with the registrar of companies, Jing Xiandong of Alipay and Guoming Cheng of Ant Financial, both Chinese nationals, h...

The 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...

Paytm competes with Google Pay, Walmart’s PhonePe and Amazon Pay in the digital payments segment - which include Unified Payments Interface...

Ant 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...

More than 90 percent of Indian transactions are in cash and many citizens don't have a bank account, let alone ATM or credit cards.

Chinese e-commerce giant Alibaba Group Holding has made a strategic investment in One97 Communications, the parent company of Paytm.

The deal is Ant Financial’s first-ever investment into an Indian firm and highlights the potential growth of the country's digital sector.