Ant Financial to Sell 4% Paytm Parent Stake

Ant Financial, the fintech arm of Alibaba Group, is set to sell around a 4% stake in One97 Communications, the parent company of Paytm, via block deals valued between Rs 2,200–2,627 crore at a 6.4–6.5% discount to the market price. This sale will reduce Ant Financial's holding from 9.85%, with Goldman Sachs India Securities and Citigroup Global Markets India managing the transaction. The divestment follows recent exits of other major Paytm investors, Berkshire Hathaway and SoftBank, both of whom recorded losses. Paytm recently reported a narrowed consolidated net loss for Q4FY25, with ESOP-related exceptional costs accounting for much of the loss; excluding these, net loss fell to Rs 23 crore. Despite a year-on-year revenue decline, Paytm achieved operational profitability after adjusting for exceptional items. The buyers of Ant Financial's stake remain undisclosed, and neither Ant Group nor Paytm have commented on the deal.