Gate News message, April 15 — One 97 Communications, the parent company of Paytm, became majority Indian-owned by the end of March 2026 as domestic investors raised their combined stake to 50.3%. Domestic institutional investors held 23.1%, up 2.8 percentage points quarter-over-quarter and 9.1 percentage points year-over-year. Mutual funds held 16.6% and insurance firms held 5.1% after both groups added to their positions.
The shift came after Paytm reported its third consecutive profitable quarter, with net profit at 2.3 billion rupees (approximately US$24.1 million) and revenue up 20% year-over-year to 21.9 billion rupees (approximately US$235 million).
The ownership change aligned with regulatory developments. In August 2025, the Reserve Bank of India gave in-principle approval to Paytm Payments Services Ltd to operate as an online payment aggregator, following Ant Group’s exit from its direct stake in One 97 Communications.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
American Bitcoin (ABTC) to Release Q1 2026 Earnings on May 6
American Bitcoin (ABTC) will release its Q1 2026 earnings report on May 6, 2026, after U.S. market close, followed by a live earnings call and webcast at 4:30 PM ET.
GateNews24m ago
Hong Kong Exchanges and Clearing Proposes Shortening Stock Settlement Cycle from T+2 to T+1
HKEX proposed to shorten Hong Kong's stock settlement cycle from T+2 to T+1, applicable to various secondary market transactions. The transition is set for late 2027, pending readiness and approval, aligning with global trends toward faster settlements.
GateNews48m ago
San'an Optoelectronics Terminates $239M Lumileds Acquisition Due to U.S. National Security Concerns
San'an Optoelectronics terminated its $239 million acquisition of Lumileds due to U.S. national security concerns. The deal was abandoned after CFIUS's warning, and the company stated that this will not adversely affect its operations or finances.
GateNews1h ago
Intchains Group Discloses 8,040 ETH Staked, Accelerates AI-Powered Operations Transformation
Intchains Group reported a cumulative staking of 8,040 ETH, with a strategy that includes the FalconX platform and its own Goldshell Stake. The company is also enhancing operations through AI automation to boost efficiency and decision-making.
GateNews1h ago
Geopolitical Tensions Push Packaging Costs Higher; PepsiCo Signals Potential Price Increases
PepsiCo warns that rising geopolitical tensions may lead to increased product costs, prompting potential price hikes. The company reported strong Q1 2026 earnings and plans to utilize supply chain and productivity improvements to manage inflation, while other consumer brands also signal possible price increases.
GateNews1h ago
