{
  "id": 160872,
  "title": "SAIF Partners, Elevation Capital sells 2.3% stake in Paytm for Rs 2,038 Cr",
  "url": "https://urgent.news/2026/08/05/saif-partners-elevation-capital-sells-2-3-stake-in-paytm-for-rs-2-038",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-05T04:38:31.000Z",
  "source": {
    "name": "YourStory",
    "slug": "yourstory",
    "url": "https://yourstory.com/2026/08/saif-partners-elevation-capital-sell-paytm-shares-2038-crore"
  },
  "original_language": "en",
  "account": null,
  "summary": "Private equity firms SAIF Partners and Elevation Capital have sold a combined 2.33% stake in Paytm-owner One 97 Communications for Rs 2,038 crore through open market transactions on the National Stock Exchange (NSE). SAIF Partners, through its affiliates, offloaded 1,38,79,743 shares representing a 2.17% stake, while Elevation Capital sold 10,20,257 shares, representing a 0.16% stake. The shares were sold at an average price of Rs 1,367.80 each, bringing the deal size to Rs 2,038.02 crore. Domestic institutional investors, including various mutual funds and insurance companies, also purchased shares of the company.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}