Elevation Capital and AntFin, the financial affiliate of Alibaba Group, have been significant sellers of Paytm shares through block deals over the past two years. On May 22, approximately 8.5 million shares changed hands, with Saif III Mauritius offloading around 5.6 million shares, while other funds of Saif Partners sold the remainder.
Historical data indicates that Ant Financial has divested 85.3 million shares through multiple tranches and bulk deals. The Noida-based fintech company has witnessed several early investors liquidating their holdings, while Paytm has been actively encouraging Ant Financial to reduce its stake.
Paytm reported its first-ever full-year profit in FY26, closing with a net profit of ₹556 crore and an operating revenue of ₹8,437 crore, marking a 22% increase from the previous year's ₹6,900 crore. In April 2026, Paytm transitioned to an Indian-owned and controlled entity as domestic investors collectively raised their stake to around 50%.
The company currently boasts a market capitalisation of ₹71,220 crore ($7.4 billion). Major participants in these block deals included Societe Generale, Marshall Wace Investment Strategies, and Morgan Stanley Asia.
The divestment by Elevation Capital and other investors is part of a broader trend of early investors exiting Paytm as the company stabilizes its financials and governance structure. This move is significant as it reflects the shifting ownership dynamics within one of India's leading fintech firms.
Background
The divestment by Elevation Capital and other investors is part of a broader trend of early investors exiting Paytm as the company stabilizes its financials and governance structure. This move is significant as it reflects the shifting ownership dynamics within one of India's leading fintech firms.
Looking ahead, market observers will be keen to see how Paytm's ownership changes impact its strategic direction and market performance. The company's transition to an Indian-controlled entity could influence its operational strategies and investor relations.
