Paytm Attracts INR 964 Crore Investment from Goldman Sachs and SocGen

Goldman Sachs, Societe Generale, and Citigroup Global Markets are among the global financial institutions that have purchased a 1.34% stake in Paytm's parent firm, One 97 Communications. These investment firms paid INR crores in open market transactions to acquire shares from SAIF Partners and Elevation Capital.

The deal also includes Viridian Asset Management of Hong Kong, Copthall Mauritius Investment, Ghisallo Capital Management, and BNP Paribas, two other foreign investment firms. The fintech firm's shares were purchased by Sundaram Mutual Fund (MF), Nippon India MF, Edelweiss Mutual Fund, and India Acorn ICAV, among other domestic institutional investors, according to block deal data executed on the BSE on 22 May.

Players who Offloaded Shares of Paytm

At the same time, 80.08 lakh Paytm shares were sold by SAIF Partners India IV Ltd and SAIF III Mauritius Company Ltd, two affiliates of the private equity firm SAIF Partners based in Hong Kong. Additionally, the fintech company's 5.89 lakh shares were sold by Elevation Capital, a venture capital firm based in Gurugram. According to the BSE data, the shares were sold at the same price.

The stake that SAIF Partners had in One 97 Communications fell from 13.43% to 12.18% after the deal. With a sale price of INR 1,556 crore, private equity firm SAIF Partners sold a 1.86% share in Paytm in November 2025. Paytm turned a profit of INR 183 crore in the fourth quarter ending March 2026, up from a loss of INR 545 crore in the same period last year, according to a report earlier this month. In comparison to the reporting quarter of March 2025, when it was INR 1,912 crore, the consolidated revenue from operations increased by 18.4% to INR 264 crore.

Paytm Payments Bank Licence Cancelled

Paytm Payments Bank's (PPB) banking licence has been revoked by the Reserve Bank of India (RBI). The RBI said that the bank's "general character of management" was harmful to depositors' and the public's interests. Additionally, it highlighted how the bank's operations were run in a way that hurt both the bank and its depositors.

Taken in accordance with Section 22(4) of the Banking Regulation Act, 1949, the measure will take effect as of April 24, 2026, the last business day of the year. This ruling officially forbids Paytm PB from engaging in the "banking" industry. Requests for winding up will be made to the High Court by the RBI.