One 97 Communications Limited
Goldman Sachs bought 5 lakh shares of One 97 Communications for ₹56.03 Cr at ₹1120.65 apiece in a block deal. This was part of a larger transaction where global firms acquired a 1.34% stake in Paytm from SAIF Partners and Elevation Capital.
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 (USD 1.6 trillion in assets, USD 3 trillion+ in client AUM through Goldman Sachs Asset Management). India FPI activity covers proprietary, market-making, client flows and active asset management mandates in listed Indian equities.