Elevation Capital sells Paytm stake via ₹1,556 cr bulk deal
pre-market1 source ↓written by the desknot a recommendation
- of its stake
- 2%
- through a bulk
- ₹1,556 cr
- stake valued
- ₹11,150 cr
Elevation Capital has sold nearly 2% of its stake in Paytm for ₹1,556 cr through a bulk deal, marking its first sale since the IPO in November 2021. The firm remains Paytm's largest institutional shareholder, with its remaining stake valued at ₹11,150 cr. This transaction may influence market sentiment around Paytm's stock performance.
Not investment advice. For informational purposes only.