As of September 30, SoftBank held a 17.45% stake in the fintech firm through SVF India Holdings (Cayman). Post-Thursday’s block deal, its stake has declined to 12.9%. The lock-in period for pre-initial public offering investors of Paytm ended on November 15.
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also