Analyst makes â¹150cr by selling stake in Paytm's parent firm
Nikhil Vora, an analyst and the Founder of venture fund Sixth Sense Ventures, has made â¹150 crore by selling a mere 0.35% of his stake in Paytm's parent company One97 Communications to Alibaba. Vora made 75 times in returns from his six-year-old investment. Alibaba and its affiliate Alipay now hold about 45% in One97 Communications.