Wednesday, 19 November, 2025
Elevation Capital Exits Paytm Stake, Bira Faces Financial Strain
Elevation Capital sold 2% of its stake in Paytm for Rs 1,556 crore, realizing a large portion of its successful early investment. Meanwhile, the article notes trouble for craft beer maker Bira 91, whose largest shareholder, Kirin Holdings, is looking to exit amidst the Indian company’s brewing financial strains and operational disruptions following a rebrand.
Read full story at Economic Times