S&R Associates Advised On INR 16.7 Billion Sale Of Paytm Shares By Elevation Capital
S&R Associates Advised on INR 16.7 Billion Sale of Paytm Shares by Elevation Capital
The leading law firm in India, S&R Associates, represented the broker on the sale of 12.8 million equity shares of One97 Communications Limited (Paytm), a listed digital payments and financial services company, by funds managed by Elevation Capital.
The transaction, valued at approximately INR 16.7 billion, was executed on the Indian stock exchanges.
The transaction marks a significant secondary market deal in India’s fintech sector and reflects continued investor activity in listed digital payments and financial services companies.
The S&R Associates team was led by Jabarati Chandra (Partner), with support from Komal Parakh (Associate) and Dhaval Sheth (Associate).
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