India, Nov. 18 -- Venture capital (VC) firm Elevation Capital, formerly SAIF Partners India, reportedly plans to sell shares worth INR 1,640 Cr in fintech major Paytm via multiple block deals later today.

Sources told NDTV Profit that the VC firm will offload nearly 1.28 Cr shares, or nearly 2% equity stake in the company, at INR 1,281 apiece. This represents a discount of nearly 4% from the stock's last closing price on the BSE.

As per BSE data, Elevation Capital owned more than 15% stake in the fintech major via two affiliate funds at the end of September 2025, pegged cumulatively at more than INR 13,000 Cr. With this, the VC firm would be looking to book profits amid an uptick in Paytm shares.

Shares of the fintech giant have rallie...