China out of Paytm; White-collar walls crumble

China’s AntFin is ending its decade-long association with Paytm, selling its remaining stake in the Indian digital payments platform. This and more in today’s ETtech Top 5.

Also in the letter:
■ Blackbuck betters bottom line
■ Policybazaar faces regulator wrath
■ Figma off IPO high

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A decade after Jack Ma’s bet, Paytm’s China ties end

Chinese financial services major AntFin ended its decade-long tie with Paytm. It has sold its remaining 5.8% stake in One97 Communications, the digital payment firm’s parent, for Rs 3,800 crore. The move comes…