Antfin to sell further 3.6% stake in Paytm; reduce shareholding to less than 10%
Earlier this month, Antfin had sold a 10.3 per cent stake to Resilient, an overseas entity 100 per cent owned by Paytm founder Vijay Shekhar Sharma.
Henceforth, Paytm will have greater flexibility with higher Indian shareholding to expand its business, make investments and procure regulatory approvals.(Image credit: Reuters)