One 97 Communications Limited
Morgan Stanley bought 545,000 shares of One 97 Communications (Paytm) for ₹74.55 crore at ₹1367.80 apiece in a block deal. This transaction occurred as early investors Saif Partners and Elevation Capital trimmed their holdings in Paytm through a secondary share sale totaling ₹2,038 crore, representing about 2.3% of Paytm's outstanding equity.
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. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.