Paytm

Vijay Shekhar Sharma to purchase 10.3% stake in Paytm from Antfin

Founder and CEO of One 97 Communications Limited Vijay Shekhar Sharma and Antfin have reached an agreement that Sharma will purchase a 10.3% stake in Paytm, the company notified exchanges on May 7. 8. According to the filing, an offshore entity owned by Sharma will purchase a stake in Paytm from Antfin through an off-market …

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SoftBank offloads another 2% stake in Paytm for $250-300 million

SoftBank has sold another 2 percent stake in Paytm`s parent One97 Communications Ltd, its biggest listed investment in India, over the past month via open market operations, generating about $300 million, in another instance of the Japanese investor monetising its bets in the country, its third-largest investment destination amid a funding drought. SoftBank has been …

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