Anil Ambani's Reliance may sell its 1% Paytm stake: Report
Anil Ambani-controlled Reliance Capital is reportedly in talks to sell its 1% stake in digital payments startup Paytm. The company is planning to raise up to ₹400 crore by selling its stake in One97 Communications, Paytm's parent company. In December 2016, Paytm Founder and CEO Vijay Shekhar Sharma raised ₹325 crore by selling his 1% stake in One97 Communications.