Informative

Ant Financial trims Paytm holdings in fresh $246 Mn selloff

Update / Judgement Date

13 May 2025

Source

Entrackr

Author

Team — WCP Legal Desk

Reading Time

1 min read

BankingStock Market

Ant Financial Reduces Paytm Stake in Fresh Selloff: Ant Financial, an affiliate of Chinese e-commerce giant Alibaba, further reduced its stake in Indian fintech major Paytm by selling shares worth ₹246 crore in a recent selloff. This move continues Ant Financial's trend of trimming its investments in the Indian fintech sector amidst evolving regulatory challenges and a shifting investment focus.

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Ant Financial trims Paytm holdings in fresh $246 Mn selloff

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