SoftBank, Ant may offload stake in Indian digital payments firm Paytm via open market

SoftBank, Ant may offload stake in Indian digital payments firm Paytm via open market

FILE PHOTO: Paytm app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration

China’s Ant Group and Japan’s SoftBank Group Corp are likely to offload their stakes in Indian digital payments firm Paytm in the open market, after talks with Bharti Airtel founder failed, the Economic Times reported.