One 97 Communications Limited
Citigroup bought 3,00,000 shares of One 97 Communications Limited for ₹33.62 Cr at ₹1120.65 apiece in a block deal. This transaction was part of a larger block deal where Elevation Capital and SAIF Partners sold a 1.34% stake in Paytm to several institutional investors.
A leading digital payments and financial services platform in India, One 97 Communications operates an integrated ecosystem serving both consumers and merchants across the country. The company provides payment solutions, financial services, and commerce platforms through its core digital offerings. Its distinctive strength lies in connecting a vast network of users and merchants, enabling transactions and financial inclusion across India's digital economy through a comprehensive suite of services.
US-based global investment bank with around USD 2.4 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.