Fintech company One97 Communications’ Founder and CEO, Vijay Shekhar Sharma, is set to acquire a 10.30 per cent stake in Paytm from Antfin (Netherlands) Holding BV in a non-cash deal. Despite the transfer of ownership, Antfin will retain the economic rights associated with the stake. The arrangement entails Sharma purchasing the 10.3 per cent shareholding in Paytm from Antfin through his…
Paytm achieves impressive YoY growth of 37% while loan disbursal surges over 2.5 times
Paytm, India’s leading digital payments and financial services platform, has reported remarkable performance in the second quarter of 2023. In a recent regulatory filing, the company announced that its Merchant Payment Volumes (GMV) for the quarter ended June 2023 reached an impressive figure of INR 4.05…