Elevation Capital V Limited sold equity shares of One97 Communications Limited (Paytm’s parent company) on the NSE and BSE for a total consideration of Rs.963.6 crore. Cyril Amarchand Mangaldas advised Elevation Capital and its affiliates as legal counsel for the transaction.
Elevation Capital V Limited executed a sale of equity shares in One97 Communications Limited (the parent company of Paytm) on both the NSE and BSE, generating an aggregate consideration of Rs.963.6 crore.
Cyril Amarchand Mangaldas acted as the legal advisor to Elevation Capital and its affiliates for this share sale.
The transaction team was led by Ravi Dubey, Partner and Regional Co-Head (Capital Markets – West), with support from Adwait Deshmukh (Senior Associate) and Khushi Parekh (Associate).
Cyril Amarchand Mangaldas (CAM) is one of India’s premier law firms, widely recognised for providing strategic legal counsel to clients in India and across the world.
The firm serves a broad range of clients, including Indian and international corporations, financial institutions, private equity and venture capital investors, start-ups, as well as government and regulatory authorities. Backed by experienced lawyers, sector specialists, and former regulators, CAM offers comprehensive legal guidance across diverse industries, transactions, and regulatory frame

