One 97 Communications Limited

Viridian bought 12.8 lakh shares of One 97 Communications Limited for ₹143.44 crore at ₹1120.65 apiece in a block deal.

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.

Hong Kong based investment manager focused on equity capital markets across Asia Pacific, covering IPOs, placements, block trades and convertible bonds. The firm was founded in 2024 and runs a small team out of Central. Its Indian activity sits almost entirely in recently listed technology and consumer names, built through block deals rather than open market buying.