Paytm denies reports of Ant Financial selling its stake
Alibaba’s financial arm Ant Financial picked up a 25% stake in Paytm in 2015
Currently, Ant Financial holds 30.33% stake in the fintech platform
Some reports said Ant Financial plans to sell stake in Paytm due to Indo-China border tension
Paytm holds a 50% share of the merchant payments market in India
