Saturday, June 15, 2024
Outlook India
Outlook Business

Ant Financial

Foreign institutional shareholding has seen a jump from 6.7 per cent to 11.5 per cent with FPIs increasing their stake in the company substantially

The Alibaba Group firm holds around 25 per cent stake in One97 Communications which operates under the Paytm brand

The development follows Alibaba's stake sale in BigBasket and Zomato