Global Institutions Acquire Paytm Stake
Analysis based on 7 articles · First reported May 23, 2026 · Last updated May 23, 2026
The acquisition of a significant stake in One97 Communications>>> by major global financial institutions like Goldman Sachs>>> and Société Générale>>> signals investor confidence in the fintech sector and One97 Communications>>>'s future profitability, potentially leading to increased investor interest and a positive impact on its stock price. Conversely, the divestment by early investors like SAIF Partners>>> and Elevation Capital>>> could be seen as a realization of gains, but the overall market sentiment for One97 Communications>>> remains positive due to its recent financial turnaround.
Global financial institutions, including Goldman Sachs>>>, Société Générale>>>, and Citigroup — Citigroup Global Markets>>>, have collectively acquired a 1.34% stake in One97 Communications>>>, the parent company of Paytm, for ₹963 crore through open market transactions on the BSE>>>. The shares were purchased from early investors SAIF Partners>>> and Elevation Capital>>> at an average price of ₹1,120.65 apiece. Other foreign investors like Ghisallo Capital Management>>>, BNP Paribas>>>, Copthall Mauritius Investment>>>, and Viridian Asset Management>>> also participated, alongside domestic institutional investors such as Sundaram Mutual Fund>>>, Nippon India Mutual Fund>>>, Edelweiss Mutual Fund>>>, and India Acorn ICAV>>>. Following the transaction, SAIF Partners>>>' holding in One97 Communications>>> decreased to 12.18%. This event follows One97 Communications>>>'s recent report of a consolidated profit of ₹183 crore in Q4 FY26 and ₹552 crore for the full FY26, marking a significant turnaround from previous losses.
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