Major Stake Sales in Paytm and Other Companies

In a significant development within India's digital payment sector, Antfin (Netherlands) Holding, an early investor in Paytm, is selling a 4% stake in the company for nearly Rs 2,070 crore. The shares are being sold at a floor price of approximately Rs 810 per share through block deals. This move is part of a larger trend where institutional shareholders and promoters are offloading substantial holdings in companies like One97 Communications (Paytm), Aether Industries, and KFin Technologies, aiming to raise about Rs 3,900 crore collectively.

Other Notable Transactions

In another notable transaction, General Atlantic Singapore, the largest shareholder in KFin Technologies, is selling about 6.9% of its stake in the company for around Rs 1,210 crore. These developments highlight the dynamic nature of investment strategies in India's burgeoning tech and financial sectors.