China’s Antfin cashes out over $1.3 Bn from Eternal in a year

China's Antfin has divested over $1.3 billion from Eternal in the past year. This move signals a significant strategic shift for Antfin, a major investor in the Indian startup ecosystem. The continuous reduction of its stake in Eternal indicates a change in its investment strategy, possibly to consolidate its portfolio or reallocate capital to other ventures. The series of sales suggests a calculated, phased exit from the company, which is a noteworthy trend for other investors to observe, especially regarding the long-term commitment of foreign investors to Indian startups.