India, Aug. 6 -- Antfin, an affiliate of Alibaba Group, is reportedly set to sell 18.8 Cr shares of foodtech major Eternal in a block deal worth around INR 5,375 Cr (about $613 Mn). This comes a day after the investor exited fintech major Paytm.

Citing sources, CNBC Awaaz reported that Antfin has set the floor price for the shares of Zomato parent at INR 285. This is a discount of 4.6% to the stock's closing price of INR 298.9 today.

As per Eternal's shareholding available on exchanges, Antfin held a 1.95% stake in the company at the end of June quarter.

The move comes amid rising investor interest in Eternal, driven by strong growth in its quick commerce vertical and decline in its losses. In Q1 FY26, Eternal saw a 90% YoY decline in ...