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.
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