One 97 Communications Limited
Ghisallo bought 12.8 lakh shares of One 97 Communications Limited for ₹143.44 Cr at ₹1120.65 apiece in a block deal on May 22, 2026. This was part of a larger block deal where several institutional investors bought shares from existing shareholders like 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.
Ghisallo Capital Management is a New York-based hedge fund investing in listed Indian equities.