Elevation Capital sells 2.3% Paytm stake for about ₹2,038 crore
Elevation Capital sold 1.49 crore shares, or a 2.3% stake, in Paytm parent One 97 Communications through block deals at ₹1,367.8 per share. The shares were acquired by 19 institutional investors, including Morgan Stanley, Goldman Sachs and domestic mutual funds.
Elevation Capital sold a 2.3% stake in Paytm parent One 97 Communications through block deals worth about ₹2,038 crore. The 1.49 crore shares were bought by 19 institutional investors, including Morgan Stanley, Goldman Sachs and domestic mutual funds.