Ant Financial to transfer 10.3% Paytm stake to Vijay Shekhar Sharma

TechCrunch
By Manish SinghAug 6, 2023, 11:29 pm311 pts
Vijay Shekhar Sharma, founder and chief executive of Paytm, has entered into a deal with Ant Financial to secure a 10.30% stake in the Indian financial services firm from the Chinese giant, Noida-headquartered company said Monday. The move follows a turnaround at Paytm, which had a lacklustre IPO but has…

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