China's Ant Group plans exit from Paytm with ₹3,800 cr share sale: Report

China's Ant Group to fully exit Paytm with ₹3,800 cr stake sale at ₹1,020 per share, following earlier exits by SoftBank and Berkshire Hathaway

China’s Ant Group plans to fully exit Indian digital payments company Paytm by selling its remaining shares through block deals, according to a term sheet viewed by Reuters on Monday. The total value of the sale could reach ₹3,800 crore.

 

The term sheet shows that Ant Group, which is associated with Chinese multinational Alibaba Group, will offload its remaining 5.84 per cent stake in Paytm. The shares will be sold at a minimum price of ₹1,020 each.

 

The transaction will be led by two major financial institutions: Goldman Sachs India Securities and Citigroup Global Markets India, as stated in the term sheet. When contacted, both Paytm and Ant Group did not provide any immediate response to Reuters’ request for comments.

 

Previous exits by major investors

Paytm, listed under One 97 Communications, has seen several significant investors exit in the past two years. According to stock exchange data, Warren Buffett’s Berkshire Hathaway and Japan’s SoftBank Group have previously sold their stakes.

 

Ant Group itself has been reducing its shareholding in the company. It sold a 4 per cent stake in May and had earlier offloaded a 10.3 per cent stake in August 2023. 

Paytm posts solid Q1

Paytm has recorded its first consolidated net profit, reporting ₹122.5 crore for the quarter ending June 2025. This milestone was largely achieved through tighter cost controls and a rise in payment-related revenue.

 

The company significantly reduced its marketing and promotional spending, which dropped to ₹99.8 crore -- less than half of ₹221.4 crore from the same quarter last year and lower than ₹142.7 crore in the March 2025 quarter. Employee benefit costs also saw a major decline. These expenses fell by around one-third to ₹643 crore compared to ₹952.5 crore in the June 2024 quarter -- an overall reduction of roughly ₹300 crore.

 

Total consolidated revenue from operations rose by nearly 28 per cent, reaching ₹1,917.5 crore. This was up from ₹1,501.6 crore in the June quarter of the previous year, largely thanks to better margins in payment processing.

 

During the same quarter, Paytm reported that its average monthly transacting user (MTU) base grew to 74 million, reflecting strong user engagement on its platform.