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FinTech

Domestic Institutional Investors Shore Up Stakes In Paytm In Q4


SUMMARY

Domestic mutual funds increased their stake in the fintech major to 13.11% in the quarter under review from 11.2% in the Q3 FY25

Overall institutional ownership, comprising both domestic and foreign investors, rose 1% QoQ to 69% in the quarter ended March 2024

The bullishness of domestic institutional investors comes on the back of Paytm launching a host of new offerings in the past few months to turn profitable

Domestic Institutional investors ramped up their shareholding in fintech major Paytm in the fourth quarter…



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