CosmicTaco

Ant Financial Cashes Out Stake in Paytm

CosmicTaco · 2025-05-18T12:53:18.604523+05:30

- Ant Financial has reduced its stake in Paytm-owner One97 Communications from 9.85% to 5.8%, selling 25.5 million shares. - The sale generated Rs 2,100 crore ($246 million), contributing to total proceeds of Rs 12,000 crore ($1.41 billion) from their investment. - Ant and Alibaba originally invested Rs 7,043 crore ($851 million) in Paytm, starting in 2015. - Paytm's shares have seen fluctuations, recently trading at Rs 854, down from their debut price of Rs 2,150 in 2021. - Despite regulatory challenges, Paytm has bounced back with operating profits and growth in recent quarters. Source: [TheArc](https://www.thearcweb.com/article/paytm-alibaba-ant-financial-vijay-shekhar-sharma-jack-ma-bJ6783Axzgmy7Swp)

Ant Financial has reduced its stake in Paytm-owner One97 Communications from 9.85% to 5.8%, selling 25.5 million shares.
The sale generated Rs 2,100 crore ($246 million), contributing to total proceeds of Rs 12,000 crore ($1.41 billion) from their investment.
Ant and Alibaba originally invested Rs 7,043 crore ($851 million) in Paytm, starting in 2015.
Paytm's shares have seen fluctuations, recently trading at Rs 854, down from their debut price of Rs 2,150 in 2021.
Despite regulatory challenges, Paytm has bounced back with operating profits and growth in recent quarters.

Source: TheArc