Ravi Dubey 
Dealstreet

Cyril Amarchand Mangaldas advises Elevation Capital on ₹963 crore PayTM share sale

The Sale was undertaken by Elevation Capital on the NSE and BSE on May 22, 2026.

Bar & Bench

Elevation Capital V Limited has made a sale of equity shares of One97 Communications Limited (parent company of PayTM) on the NSE and BSE for an aggregate consideration of ₹963.6 crore.

Cyril Amarchand Mangaldas advised Elevation Capital and its affiliates on this share sale.

The transaction team was led by Ravi Dubey (Partner, Regional Co-Head - Capital Markets - West); with support from Adwait Deshmukh (Senior Associate) and Khushi Parekh (Associate).

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