In a significant development in India’s fintech sector, Paytm has transitioned into a majority Indian-owned company.
This shift comes after domestic investors increased their stake to over 50%, marking a key milestone in the company’s ownership structure.
Paytm, operated by One97 Communications, has been one of India’s leading digital payment platforms.
Over the years, it has played a crucial role in promoting cashless transactions and financial inclusion.
The increase in domestic shareholding reflects growing confidence among Indian investors in the company’s future.
It also aligns with broader trends where local investors are taking a more active role in the country’s startup ecosys