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1. economictimes.indiatimes.com › news › companyPaytm layoffs: Vijay Shekhar Sharma breaks silence on why ...

   economictimes.indiatimes.com › news › company

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   2 hours ago · One97 Communications, the parent company of Paytm, underwent layoffs in June without specifying the number affected, offering outplacement support for transitioning employees. Despite questions about senior-level departures, founder Vijay Shekhar Sharma assured that all is well. Paytm's sales team decreased by 3,500 to 36,521 personnel due to regulatory impacts from the RBI's restrictions on Paytm Payments Bank.

   • Vijay Shekhar Sharma to buy 10.30% stake in Paytm from AntFin

     Sharma, who is the Founder and Chief Executive Officer of...

   • vijay shekhar sharma: China’s Antfin transfers 10.3% stake in ...

     Paytm founder and CEO Vijay Shekhar Sharma has reduced the...

2. www.indiatoday.in › business › storyVijay Shekhar Sharma becomes Paytm's top shareholder. Here’s ...

   www.indiatoday.in › business › story

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   Aug 7, 2023 · Paytm CEO and founder Vijay Shekhar Sharma is set to become the biggest shareholder in the digital payment firm's parent company, One97 Communications Limited, after entering an agreement to buy 10.3 per cent from Antfin (Netherlands) Holdings BV for $628 million.

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3. www.newindianexpress.com › business › 2023Vijay Shekhar Sharma to acquire 10% stake from Antfin, to ...

   www.newindianexpress.com › business › 2023

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   Aug 7, 2023 · Vijay Shekhar Sharma, Founder and CEO of One 97 Communications Limited (Paytm) has acquired an additional 10.30% stake in his fintech company from one of its earlier investors - Antfin ...

4. economictimes.indiatimes.com › markets › stocksVijay Shekhar Sharma to buy 10.30% stake in Paytm from AntFin

   economictimes.indiatimes.com › markets › stocks

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   Aug 7, 2023 · Sharma, who is the Founder and Chief Executive Officer of One 97 Communications, will purchase a 10.30% stake in Paytm from Antfin (Netherlands) Holding BV via his 100% owned overseas entity – Resilient Asset Management BV, the company said on Monday.

5. economictimes.indiatimes.com › tech › startupsvijay shekhar sharma: China’s Antfin transfers 10.3% stake in ...

   economictimes.indiatimes.com › tech › startups

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   Aug 7, 2023 · Paytm founder and CEO Vijay Shekhar Sharma has reduced the shareholding of Chinese financial services major Ant Financial in the Indian fintech firm through an intricately structured deal that bestows on him more control over the Noida-headquartered company.

6. indianexpress.com › article › businessVijay Shekhar Sharma to buy 10.3% stake in Paytm from Antfin ...

   indianexpress.com › article › business

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   Aug 7, 2023 · Fintech firm One97 Communications Founder and CEO Vijay Shekhar Sharma will acquire 10.30 per cent stake in Paytm from Antfin (Netherlands) Holding BV through an off-market transfer in no cash deal. Antfin will continue to hold the economic rights of the stake that is being transferred to Sharma.

7. People also ask

   Who is Vijay Shekhar Sharma?

   • Here’s what he said Paytm founder and CEO Vijay Shekhar Sharma. Paytm CEO and founder Vijay Shekhar Sharma is set to become the biggest shareholder in the digital payment firm's parent company, One97 Communications Limited, after entering an agreement to buy 10.3 per cent from Antfin (Netherlands) Holdings BV for $628 million.

   Vijay Shekhar Sharma becomes Paytm's top shareholder. Here’s what he

   www.indiatoday.in/business/story/vijay-shekhar-sharma-paytm-ceo-founder-top-shareholder-antfin-stake-purchase-2417491-2023-08-07

   See all results for this question

   Who owns Paytm?

   • In February, China’s Alibaba, the parent entity of Ant Financial sold its remaining 3% stake in Paytm through an open market deal. In 2021, Alibaba held a 7.3% stake in One97 Communications prior to the digital payment’s major going public. One97 Communications is the parent company that owns Paytm.

   vijay shekhar sharma: China’s Antfin transfers 10.3% stake in Paytm for

   economictimes.indiatimes.com/tech/startups/vijay-shekhar-sharma-to-buy-10-stake-in-paytm-from-ant-financial/articleshow/102486922.cms

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   How much is Paytm stock worth?

   • Paytm shares gained over 10% on Monday to touch a high of 887.70 on the National Stock Exchange. Based on the closing price as on August 04, 2023, the value of the 10.30% stake amounts to $628 million, according to a regulatory filing by Paytm.

   Vijay Shekhar Sharma to acquire 10% stake from Antfin, to return as

   www.newindianexpress.com/business/2023/aug/07/vijay-shekhar-sharmato-acquire-10-stake-from-antfin-to-returnas-largest-shareholder-of-paytm-2602845.html

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   Who will be Paytm's largest shareholder?

   • Sharma will become Paytm’s largest shareholder, replacing Antfin. As per the agreement executed between the parties, Resilient will acquire ownership and voting rights of the 10.30% block.

   Vijay Shekhar Sharma to acquire 10% stake from Antfin, to return as

   www.newindianexpress.com/business/2023/aug/07/vijay-shekhar-sharmato-acquire-10-stake-from-antfin-to-returnas-largest-shareholder-of-paytm-2602845.html

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8. www.ndtv.com › india-news › vijay-shekhar-sharma-toVijay Shekhar Sharma To Purchase 10.3% Stake In Paytm From Antfin

   www.ndtv.com › india-news › vijay-shekhar-sharma-to

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   Aug 7, 2023 · Fintech firm One97 Communications Founder and CEO Vijay Shekhar Sharma will acquire 10.30 per cent stake in Paytm from Antfin (Netherlands) Holding BV through an off-market transfer in no...