Reliance Capital, the Anil Ambani-led financial services holding company, has reportedly sold nearly 1% stake in digital payments platform Paytm at a gain of 2,600% for Rs 275 crore to the latter’s investor Alibaba. Reliance invested around Rs 10 crore in 2010 in Paytm ahead of Paytm's parent One97 Communications' proposed IPO, which was later aborted. Notably, Paytm Founder Vijay Shekhar Sharma had earlier sold 1% stake in One97 Communications to raise ₹325 crore.