Elevation Capital Trims Paytm Stake Via Rs 1,556 Cr Bulk Deal
Summary
Elevation Capital reduced its stake in Paytm through a bulk deal worth Rs 1,556 crore. The transaction involved selling nearly 2% of the company. This marks Elevation Capital’s first exit since Paytm listed in 2021. The item is primarily about investor ownership changes in a software-driven fintech company.
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InsurTech
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SaaS
Payments Software
POS Software
Linked Companies
Paytm
$1B+