Venture Intelligence (TSJ Media Pvt. Ltd.)
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China’s Antfin sells 4% stake in Paytm for Rs.2,104-Cr
China-headquartered Alibaba affiliate Antfin Group’s subsidiary Antfin Netherlands Holding has divested a 4% per cent stake in digital payments player One 97 Communications (Paytm) through block deals.The firm sold a total of 25.2 million shares in two equal tranches of at INR 826 apiece and INR 823.3 apiece. Antfin mopped up INR 2,104 crore from the share sale.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.