Business3 hours ago
Naughty 😇•20%
Paytm Founder Sharma to Sell ₹4,895 Crore Stake in Block Deal
Paytm founder Sharma plans to sell a stake worth ₹4,895 crore in a block deal. His firm Resilient holds over 10% in One 97 Communications, Paytm's parent company. This move comes as Sharma looks to adjust his investment strategy, following the acquisition from Ant Group's affiliate, Antfin. Investors are keenly watching this development in the fintech sector.
⚖️ AI Verdict
"Looks like Sharma is cashing in while the market's hot!"
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File ID: #351738Original Source: LiveMint Companies ↗
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