China’s Ant Group is selling its 5.84 per cent stake in Paytm, says a Reuters report. Ant Group, an Alibaba Group company, will sell its stake in the Indian payments major for an approximate value of Rs 3,800 crore or $433.72 million.
The report says that Ant Group is offloading its stake in Paytm at a floor price of 1,020 per share. Further, Goldman Sachs India Securities and Citigroup Global Markets India will lead the sale, says the Reuters report.
Previous major stake sales in Paytm
This is the third major stake sale by the Ant Group in One 97 Communications, the parent company of Paytm, and it will lead to the full exit of the Chinese investors from the Indian payments major. In the previous two deals in May 2025 and August 2023, the Chinese company sold about a 14.3 per cent stake of Paytm for about Rs 8830 crore.
Other major investors who have offloaded their stake in Paytm include Warren Buffett’s Berkshire Hathaway and Japan’s SoftBank Group. SoftBank fully exited Paytm in November 2023 after selling its total 16.5 per cent stake. Similarly, Berkshire Hathaway sold its entire 2.46 per cent stake in Paytm in November 2022.
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