SAIF Partners, Elevation Capital sell 2.33% Paytm stake for Rs 2,038 crore
SAIF Partners and Elevation Capital sold 1.49 crore shares in Paytm parent One 97 Communications through NSE block deals, with domestic and global institutional investors buying the combined 2.33% stake.
SAIF Partners and Elevation Capital sold a combined 2.33% stake in Paytm parent One 97 Communications for Rs 2,038 crore via NSE block deals. Domestic and global institutional investors bought the shares.
Why this matters
The sale follows recent signals on Elevation Capital’s ₹2,038 crore Paytm divestment and comes as Paytm reports consumer UPI share growing 2.2x faster than the market in Q1FY27.
Retail-company signals are accelerating, up 206443% QoQ.
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