Paytm shares in focus as Saif Partners, Elevation Capital eye stake sale in Rs 2,002-crore block deal
- Posted on August 4, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
Major venture capital investors Saif Partners and Elevation Capital are divesting their combined 2.3% shareholding in Paytm's parent company One 97 Communications through a secondary market block deal valued at Rs 2,002 crore. This strategic exit occurs amid positive financial momentum, with the fintech platform demonstrating strong profitability growth of 79% in the first quarter, reaching Rs 220 crore in net profit. The transaction reflects investor confidence in the company's operational efficiency and market positioning.
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Paytm shares in focus as Saif Partners, Elevation Capital eye stake sale in Rs 2,002-crore block deal
Saif Partners and Elevation Capital plan to offload a 2.3 per cent stake in Paytm parent One 97 Communications via a Rs 2,002-crore block deal. The secondary share sale follows Paytm reporting a 79 per cent jump in Q1 net profit to Rs 220 crore.
