<ul><li>Foreign Portfolio Investors (FPIs) Societe Generale, Tiger Pacific Master Fund, and UBS Principal Capital Asia have reduced their holdings in Paytm below 1% in the September ended quarter.</li><li>The overall FPI ownership in the company dropped to 16.77% in the quarter ending September, from 20.04% in the previous quarter.</li><li>Paytm is focusing on its artificial intelligence projects and has appointed its CTO Manmeet Dhody as "AI Fellow" to drive AI innovation in business.</li><li>Paytm recently sold its entertainment ticketing business to Zomato for INR 2,048 Cr in an all-cash deal.</li></ul>

FPIs Reduce Stakes In Paytm Below 1%

Discover more