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Antfin to fully exit Paytm in ₹3,800 crore block deal
Mint Kolkata
|August 05, 2025
China's Alibaba group is saying final goodbye to India's Paytm, ten 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 for ₹3,803 crore, showed a term sheet, which described 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% in Paytm. The sale floor price has been set at ₹1,020 a share, a 5.4% discount to Paytm's Monday closing price of ₹1,078.20 on the National Stock Exchange.
Moneycontrol was the first to report the development.
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