Get In Touch

Paytm becomes fully Indian after nine years!

    Share on

Paytm, India’s leading digital payments platform, is now 100% Indian-owned after Chinese giant Ant Financial, owned by Jack Ma, sold its remaining 5.84% stake in parent company One97 Communications for ₹3,803 crore. This historic move marks the complete removal of Chinese ownership from the fintech major, making it “as Indian as Tata,” as sources put it.

The transformation comes almost nine years after founder Vijay Shekhar Sharma famously said, “We are as Indian as Maruti.” What was once a symbolic statement is now a reality, as Paytm’s shareholder list is dominated by Indian and global institutional investors.

The timing is significant-Paytm recently posted its first fully profitable quarter (Q1 FY26) with a net profit of ₹123 crore, revenue growth of 28% year-on-year, and a 52% jump in contribution profit.

Beyond ownership changes, Paytm continues to innovate with features like personalised UPI IDs, hidden payment options, consolidated balance views, and expanded UPI acceptance in global markets such as UAE, Singapore, and France.

This shift not only strengthens Paytm’s national identity but also signals a broader movement toward Indian self-reliance in tech, aligning with the Make in India vision.

Share:

Post a comment

Your email address will not be published. Required fields are marked *

Send money to Singapore in seconds, 13 more Banks join UPI–PayNow link!

Send money to Singapore in seconds, 13 more Banks join...

NPCI International includes 13 more Indian banks in UPI‑PayNow tie-up - now 19 banks enable...
India to resume trade talks with U.S. in Washington soon!

India to resume trade talks with U.S. in Washington soon!

Indian negotiation team to visit Washington for talks on interim deal and phase-one of bilateral...
Boeing stock crashes 8% pre-market after deadly Air India Jet disaster - Investors in shock!

Boeing stock crashes 8% pre-market after deadly Air India Jet...

Boeing shares plunge 8% in U.S. pre-market trading after Air India Dreamliner crashes, triggering fears...
This fun sport is becoming Delhi’s next big business idea!

This fun sport is becoming Delhi’s next big business idea!

Pickleball is turning rooftops and open spaces in Delhi into profitable, fun courts, earning businesses...
Big Win for India: Reliance Defence Bags Massive ₹600 Cr Global Ammunition Order

Big Win for India: Reliance Defence Bags Massive ₹600 Cr...

Reliance Defence secures ₹600 crore export deal with Germany’s Rheinmetall, boosting India’s defence exports.
China cuts supply, India turns west! A multi-crore shift just began.

China cuts supply, India turns west! A multi-crore shift just...

India signs five-year deal with Saudi Arabia for 3.1 million tonnes of DAP fertiliser annually.

Login

Don’t you have an account ?

Register