Over the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, have emerged among the biggest sellers in Paytm through block deals.

Elevation Capital to sell 1.3% stake in Paytm's parent company, raising approximately ₹963.6 crore through a bulk share sale.

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…