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Antfin, backed by Alibaba, is selling its 1.95% stake in Eternal Ltd for about Rs 5,375 crore.
Antfin, backed by Alibaba, is selling its entire 1.95% stake in Eternal Ltd, Zomato's parent company, in a block deal worth around Rs 5,375 crore.
This follows Antfin's recent divestment from Paytm, amid increasing geopolitical tensions.
Eternal reported a 90% drop in Q1FY26 net profit but saw revenue surge 70% to Rs 7,167 crore, despite a 42% fall in Adjusted EBITDA to Rs 172 crore.
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Antfin, respaldado por Alibaba, está vendiendo su participación del 1.95% en Eternal Ltd. por alrededor de Rs 5,375 crores.