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Paytm employees monetise shares worth Rs 100 crore

Paytm employees monetise shares worth Rs 100 crore

Thursday, March 23, 2017, 6:57 AM

Scores of employees have reaped a bonanza by selling shares in One97 Communications, which owns digital payments provider Paytm, as investors and founders increase their stake in the Alibaba-backed company. In the last few weeks, about 47 employees at the Noida-based company valued at $4.8 billion last year, have sold shares worth about Rs 100 crore to both internal and external buyers.
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