Elevation Capital offloads ₹630 Cr Paytm stake; Goldman, Citi, Sundaram step in
Early backer Elevation Capital sold 56.22 lakh Paytm shares at ₹1,120.65 via block deal, just as the fintech posted its first profitable year (₹552 Cr FY26 net profit on ₹8,437 Cr revenue). Stock slipped 3.7% to ₹1,112.50 on the exit signal.
Elevation Capital sold ₹630 Cr Paytm stake at ₹1,120.65; Goldman, Citi, Sundaram bought in. Stock fell 3.7% despite maiden FY26 profit of ₹552 Cr.
Inc42 · 5/22/2026, 4:38:15 PM · Ask about this →
Paytm Citigroup Elevation Capital Goldman Sachs SAIF III Mauritius Societe Generale Sundaram MF