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Elevation Capital offloads around Rs 964 crore worth of shares in Paytm - The Economic Times
Elevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. This follows a trend of early investors liquidating their holdings. Paytm recently reported its first full-year profit and operating revenue growth. The company is now Indian-owned and controlled, with a market capitalization of Rs 71,220 crore.
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thehindubusinessline.com
Elevation Capital to sell 1.3% stake in Paytm parent company
Elevation Capital to sell 1.3% stake in Paytm's parent company, raising approximately ₹963.6 crore through a bulk share sale.
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economictimes.indiatimes.com
Paytm block deal: SAIF Partners, others likely to sell stake worth Rs 963 crore, says report
Paytm's existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The floor price is set at Rs 1,120.65 per…
