One 97 Communications Limited
Tata AIA Life Insurance bought 32,057 shares of One 97 Communications for ₹4.92 Cr at ₹1535.10 apiece in a block deal. Tata AIA Life Insurance is one of the insurance companies that significantly boosted its holdings in One 97 Communications to 4.77% from 2.71% in Q3 FY26.
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.
Joint venture between Tata Sons and AIA Group. AUM crossed Rs 1.3 lakh crore in May 2025, growing 27% YoY, making it one of the fastest-growing equity-oriented insurers in India. CIO Harshad Patil has run the investment book since 2014. Flagship Multi Cap Fund delivered 31.4% CAGR over 5 years, among the strongest performance in the ULIP universe.