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PAYTM ANT FINANCIAL
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...
- 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...
- 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...
- Will buy Paytm shares at any given opportunity: Vijay Shekhar SharmaEarlier, Sharma's Resilient Asset Management had bought Ant Financial's 10.3% stake in Paytm.
- Paytm CEO Vijay Shekhar Sharma becomes sole beneficial owner in co as Antfin cuts stake"We have been informed by AntFin, that their shareholding in the company has reduced from 23.79% to 9.90% of the total equity share capital...
- 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...
- 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...
- Paytm raising up to $2 billion; valuation may soar to $18 billionPaytm's existing investors including SoftBank, Ant Financial’s capital are already in and the company engaging with other investors
- Alibaba wants to cash in on online paymentsDespite the company’s investment in Paytm Mall, Alibaba's Executive Vice Chairman Joseph Tsai believes that the Indian ecommerce market is ...
- 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.
- Paytm to disburse small loans to 500 million Indians by 2020Paytm will try to emulate Alibaba’s financial services model to disburse small loans to about 500 million Indians by 2020 and is borrowing ...
- 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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