China Shareholding Stake of 49.13% of Paytm

 China holds Share of 49.13% of Paytm 

Paytm Mobile, is an Indian e-commerce payment system and financial technology company based in Noida, fondly abbreviated to PayTM and pronounced similar to ATM. It supports 11 native Indian languages and offers online uses, with examples including but not limited to recharges, bill payments, and event bookings. It is also integrated with an in-store payment facility that can be utilised to quickly pay in any shop with a PayTM QR Code.

Investors of Paytm

The current investment standings are as follows: the founder, Vijay Shekhar Sharma, holds a 14.67% stake in the company. Ant Financials and SoftBank Vision Fund hold 29.71% and 19.63% each, SAIF Partners hold an 18.56%, AGH holding 7.18%, Berkshire Hathaway – pioneer investor Warren Buffett’s company – holds 2.76%. The rest 7.49% is held by various institutions.

Apart from money-wise growth, PayTM has also grown massively in terms of networks and partnerships. Its PayTM Wallet product was added as a mode of payment by Indian Railways and Uber, and began powering the payment gateway for Indian Railways gradually. It networks with all of its merchants with the Business With PayTM applications, helping it cross the seven million threshold. It is also partners with AGTech in mobile gaming, and Citibank in credit card services.

Chinese investment in PayTM:

Both major shareholding corporates of PayTM – Ant Financials of the Alibaba Group, and SoftBank Vision Fund – are China-based organizations, with a combined shareholding stake of 49.34%. This means that almost all major decisions regarding their businesses and other dependencies are in the hands of two Chinese venture capital corporate organizations, unless every other institution holding PayTM shares decide to go against them.