Paytm owner: no promoter, with founder Vijay Shekhar Sharma holding about 19%
Paytm has no promoter. Founder Vijay Shekhar Sharma holds 9.03% directly and 10.24% through Resilient Asset Management. Ant Group exited fully in August 2025.
Paytm has no promoter and is owned by public shareholders, with founder Vijay Shekhar Sharma the largest single holder: he owns 9.03% directly and a further 10.24% through his Dutch holding vehicle Resilient Asset Management, about 19% in all, as of June 2026. Ant Group sold its last 5.84% direct stake in August 2025 for ₹3,803 crore, which left Paytm without Chinese shareholders, according to Business Standard. 12
Who owns Paytm? Key shareholders
| Shareholder | Stake | Note |
|---|---|---|
| Vijay Shekhar Sharma (direct) | 9.03% | June 2026 |
| Resilient Asset Management BV | 10.24% | 100% owned by Sharma; June 2026 |
| Elevation Capital | About 15.4% | Reported August 2025, the last major pre-IPO investor |
| Antfin (Ant Group) | Nil direct stake | Sold 5.84% in August 2025 |
| SoftBank, Alibaba, Berkshire Hathaway | Nil | All exited over two years |
Paytm’s parent, One 97 Communications, has no identified promoter because Indian rules require more than 25% for that status, and the company says it is professionally managed. Sharma has been the sole significant beneficial owner since 2023, when Antfin transferred 10.3% to Resilient. 134
What is the Resilient and Antfin arrangement?
In 2023 Sharma agreed to buy a 10.3% stake from Antfin through Resilient without paying cash up front: the payment is due when optionally convertible debentures are redeemed. Antfin kept the economic rights. In August 2026 Resilient proposed selling up to 4.98% of Paytm, with the proceeds going to Antfin under that agreement, and Paytm said Sharma’s direct holding would not change and that it was not a party to the sale. 156
Who sold out of Paytm?
Antfin’s stake was once 23.79%. It sold its last 5.85% in a block deal at ₹1,020 a share, worth about ₹3,800 crore, and Alibaba, SoftBank and Berkshire Hathaway had already exited. Paytm listed in 2021 at an issue price of ₹2,150 a share, so Antfin’s final sale was priced well below the IPO price. 27
Who founded Paytm?
Vijay Shekhar Sharma founded Paytm and remains managing director and CEO. Our Paytm company page covers the history, and our guide to self-made billionaires in India covers founder wealth. 3
Is Paytm profitable?
One 97 Communications posted its first full year of profit in FY26, with net profit of ₹552 crore. For the quarter ended 30 June 2026, profit after tax rose 79% to ₹220 crore and revenue from operations rose 28% to ₹2,448 crore. 89
Is Paytm an Indian company?
Yes. It has been described as 100% Indian-owned since Ant Group’s exit in August 2025, a claim that depends on the separate Resilient structure, where Antfin still holds economic rights over part of the stake. Sharma said in 2016, “We are as Indian as Maruti.” 710
What happens next
The Resilient sale will show up in the next shareholding filing, due after the December 2026 quarter. For other India fintech owners, read who owns PhonePe and who owns Flipkart.
Frequently asked questions
Who is the owner of Paytm?
Paytm is owned by public shareholders and has no promoter. Founder Vijay Shekhar Sharma is the largest holder, with about 19% in all: 9.03% directly and 10.24% through Resilient Asset Management.
Does Ant Group still own Paytm?
No. Ant Group sold its last 5.84% stake in August 2025, so there is no Chinese direct shareholding.
Why does Paytm have no promoter?
Under Indian rules a promoter must hold more than 25%, and Sharma holds about 19%.
Who founded Paytm?
Vijay Shekhar Sharma founded Paytm and is its managing director and CEO.
