🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Antfin trims stake in Paytm by 4% in open market sale
YourStory
·
2m ago
Medial
Antfin (Netherlands) Holding B.V. reduced its stake in One 97 Communications Ltd., Paytm's parent company, by selling 4% of shares in an open market transaction. This sale decreased Antfin's stake from 9.84% to 5.84%, maintaining 37.3 million shares. Previously, Ant Group transferred voting rights to Paytm's CEO Vijay Shekhar Sharma, who bears a 19.4% stake. Ant Group initially invested in Paytm in 2015, holding significant shares over the years.
View Source
1
Related News
Paytm shares fall 3% to ₹875 after Antfin sells 3.6% stake
Money Control
·
1y ago
Medial
On Monday, the shares of One97 Communications, the parent company of Paytm, experienced a decline of approximately 3%, reaching a value of ₹875.05. This decline follows the sale of a 3.6% stake in the Indian startup by Antfin, the Netherlands-based subsidiary of Jack Ma's Ant Group. The stake was sold for ₹2,037 crore through open market transactions, with buyers including Goldman Sachs (Singapore), Morgan Stanley Asia Singapore, and Societe Generale.
View Source
Vijay Shekhar Sharma Becomes Paytm’s Significant Beneficial Owner After Antfin Reduces Stake
Inc42
·
1y ago
Medial
Antfin, an affiliate of China's Ant Group, reduced its stake in Paytm from 23.79% to 9.90%, making Paytm founder Vijay Shekhar Sharma the significant beneficial owner with a 19.42% stake. Antfin sold a 3.6% stake for INR 2,037 Crores. This follows Ant Group's ongoing reduction of its stake in Paytm. Paytm reported a 45% YoY decrease in net loss and a 39% increase in operating revenue in Q1 2023. Paytm's stock received positive ratings from brokerages like Goldman Sachs, Citi, and CLSA, with increased target prices.
View Source
SoftBank Again Offloads Stake In Paytm, Sells 1.37 Cr Shares
Inc42
·
1y ago
Medial
Japanese tech conglomerate SoftBank has sold over 2% stake in fintech giant Paytm through open market transactions. Between January 23 and February 26, SoftBank sold 1.37 crore shares, reducing its stake in Paytm from 5.01% to 2.83%. This is the second stake reduction by SoftBank in Paytm this year, following a 2% stake sale in January. SoftBank has been steadily reducing its stake in Paytm as well as other listed companies in its portfolio. The fair value of SoftBank's India investment portfolio stood at nearly $14 billion as of December 2023.
View Source
Paytm shares rise 7% as CEO to buy ₹5,195-crore stake from Antfin
ABPLive
·
1y ago
Medial
Paytm's stock surged by 7% in the morning hours of Monday. This follows the announcement that Paytm's CEO, Vijay Shekhar Sharma, will acquire a 10.30% stake in the company from Antfin (Netherlands) Holding BV for $628 million (₹5,195 crore). As a result of this deal, Sharma will surpass Antfin as the largest shareholder of Paytm. Remarkably, Paytm's shares have recorded an almost 50% increase year-to-date.
View Source
Antfin completes 3.6% stake sale in Paytm
IndianStartupNews
·
1y ago
Medial
Antfin (Netherlands) Holdings, founded by Jack Ma, has sold a 3.6% stake in Paytm for Rs 2,097 crore ($280 million). The investment firm offloaded 2.27 crore shares at Rs 895.20 per share. This follows Paytm CEO Vijay Shekhar Sharma's acquisition of a 10.30% stake through his overseas entity, raising his holding to 19.42%. Paytm recently reported a 39% YoY growth in revenue to Rs 2,342 crore and a 167% YoY growth in loans disbursed to Rs 14,875 crore.
View Source
Ant Group to sell 4% stake in Paytm for $242 Mn: Report
Entrackr
·
2m ago
Medial
Ant Group to sell 4% stake in Paytm for $242 Mn: Report Ant Group is reportedly planning to divest a 4% stake in Indian payments firm Paytm for $242 million. According to a term sheet reviewed by Reuters, the stake will be sold at Rs 809.75 per share, representing a 6.5% discount to Paytm’s closing price on Monday. The report added that Goldman Sachs India Securities and Citigroup Global Markets India will manage the transaction. The identity of the buyers couldn’t be ascertained. This sale follows previous stake reductions by Ant Group, including a 10.3% stake sold to Paytm founder and CEO Vijay Shekhar Sharma in August 2023. Paytm has seen several stake sales over the past two years, with major investors like Warren Buffett’s Berkshire Hathaway and Japan’s SoftBank Group exiting their holdings. Ant Group, an affiliate of Alibaba Group, was also a key shareholder in the company.
View Source
GR Infra shares fall as promoters to sell stake to meet shareholding norms
Money Control
·
1y ago
Medial
Shares of GR Infraprojects dropped nearly 4% as some promoters look to sell up to 5% equity in the company to comply with minimum public shareholding norms. The promoters intending to divest their holding of around 48.34 lakh shares include Laxmi Devi Agarwal, Suman Agarwal, Ritu Agarwal, Lalita Agarwal, and Kiran Agarwal. The stake sale will take place through open market transactions and will not involve any acquisition of shares during the sale period.
View Source
SoftBank fully exits Paytm at higher-than-expected net loss of $264.8 Million
YourStory
·
7m ago
Medial
SoftBank Group has finalized its exit from Indian fintech company Paytm by selling its Singapore subsidiary's stake in PayPay Corporation to a SoftBank Vision Fund 2 entity for $279.2 million. This transaction severs all investment ties between SoftBank Group and Paytm. SoftBank had already sold its direct stake in Paytm earlier in 2024, incurring a loss of $544 million. The sale of PayPay stake in Paytm was projected to fetch proceeds of $390-450 million, but the lower sale price results in a final net loss of $264.8 million for SoftBank.
View Source
Gentari plans to offload up to 50% stake in India arm
Economic Times
·
1m ago
Medial
Gentari, Petronas' renewable energy wing, plans to sell up to a 50% stake in its Indian operations, potentially marking a significant green energy transaction in India. Standard Chartered Bank is advising the sale. Gentari India has 4 GW of operational assets, 4 GW under construction, and a further 4 GW in the pipeline. Despite waning interest in green energy globally and fluctuating valuations, Gentari is keen to sell a minority stake and is open to sharing control.
View Source
Analysts bullish on IndiGo even as Gangwal Family Trust trims stake
Money Control
·
11m ago
Medial
Shares of Interglobe Aviation, the parent company of IndiGo airlines, rose over two percent as promoter Rakesh Gangwal's family trust sold a 5.24 percent stake in the airline for INR 9,549 crore. While some analysts are not concerned about the stake sale, others believe that IndiGo's strong market position and favorable industry dynamics will support its future growth. The Gangwal family has been steadily offloading their stake since February 2022, but despite this, analysts remain optimistic about the airline's prospects. Currently, 18 analysts recommend buying shares of Interglobe Aviation.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
/indianstartupnews/media/agency_attachments/s1FnhAYONODoxNkoC8xA.png)
