In a major development, digital payments platform Paytm has officially become a fully Indian-owned company, with all Chinese ownership now dissolved. The announcement comes amid ongoing efforts by Indian regulatory bodies to reduce foreign—particularly Chinese—stakeholding in companies involved in critical digital infrastructure.
Paytm Now Fully Indian-Owned, Chinese Stake Eliminated
According to a report by PTI Bhasha, all Chinese shareholding in Paytm has now been completely removed, marking a significant step towards data sovereignty and national digital security.
Paytm, which was founded by Vijay Shekhar Sharma
Paytm, which was founded by Vijay Shekhar Sharma, had previously attracted large investments from Chinese companies, including Ant Group. However, regulatory pressures and national security concerns prompted a strategic restructuring, resulting in the gradual exit of these foreign stakeholders.
The move is expected to restore greater public and institutional trust in the fintech firm and is being seen as a positive signal for the domestic startup ecosystem. Industry experts believe that Paytm’s full Indianization could pave the way for more strategic partnerships and investment from Indian entities in the near future.
This transition aligns with the Indian government’s push for “Atmanirbhar Bharat” (self-reliant India), encouraging the growth of homegrown tech companies and minimizing dependence on foreign capital, particularly from nations with strained diplomatic relations.
Paytm is one of India’s most widely used digital financial services platforms, offering payment gateways, mobile wallets, UPI services, and more.
