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Antfin Plans to Decrease Its Stake in Paytm

  • Antfin plans to sell 3.6% stake in Paytm for $234 million, reducing its stake to under 10%.
  • The sale follows Alibaba’s full stake sale in Paytm in February and Softbank’s stake reductions.
  • Paytm CEO Vijay Shekhar Sharma recently became its largest single shareholder after purchasing a 10.3% stake from Antfin.
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