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Antfin Plans ₹3,800 Cr Paytm Stake Sale
Mint Mumbai
|August 05, 2025
China's Alibaba group is saying final goodbye to India's Paytm, 10 years after the conglomerate bet on what was then India's premier payment tech business.
A unit of Alibaba will sell its entire stake in Paytm-owner One97 Communications Ltd in a block deal worth ₹3,803 crore, according to a term sheet describing the sale as a "clean-up" trade.
Antfin (Netherlands) Holding B.V., one of Paytm's largest shareholders, holds 37.7 million shares, or 5.84% of the company. The floor price for the sale has been set at ₹1,020 per share—a 5.4% discount to Paytm's Monday closing price of ₹1,078.20 on the National Stock Exchange.
Moneycontrol first reported the development.
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