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FinTech

Alibaba’s Antfin Likely To Divest 4% Stake In Paytm For INR 2,200 Cr


SUMMARY

Alibaba’s group firm Antfin is likely to sell nearly a 4% stake in the fintech firm at a floor price of INR 809.75 per share

According to BSE data for May 12, 2025, a total of 2.1 Lakh (2,10,081) Paytm shares were traded, with 51,869 shares marked for delivery

The development comes at a time when Paytm is intensifying its push towards profitability. Currently, it is focussing on its key businesses– payments, lending, and merchant services

Chinese tech giant Alibaba group’s company Antfin is reportedly looking…



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