Liquidity Events
Elevation Capital sells shares in digital payments co. Paytm for Rs.964-Cr
Elevation Capital has sold approximately INR 964 crore worth shares of Noida-based, listed digital payments service Paytm (One97 Communications) through a series of block deals on the BSE. The transaction involved the sale of about 5.6 million shares at INR 1,120 per share. Founded in 2000, Paytm recently reported its first full-year profit of INR 556 crore for FY26 and recorded operating revenue of Rs 8,437 crore.
Elevation invested in Paytm between 2007 and 2010. It started to exit the company in 2017 (via a Secondary Sale) and after its IPO in 2021. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.) For FY25, Paytm had reported about INR 5,505 Cr in Operating Income and about INR 789 Cr in Net Loss. (Subscribers to the database can login to view the detailed financials.)
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