Elevation Capital Offloads Paytm Shares Worth ₹630 Cr

by · Inc42

SUMMARY

  • Elevation Capital’s entity SAIF III Mauritius Company Limited sold over 56,000 shares of Paytm at ₹1,120.65 in a block deal worth ₹630 Cr
  • Per reports, the venture capital firm sold more than 86 lakh shares in transactions worth over ₹960 Cr to buyers including Societe Generale and Goldman Sachs
  • The sale comes as Paytm delivered its first ever full year of profitability in FY26, with ₹552 Cr in net profit as against a net loss of ₹663 Cr in the year-ago period