One 97 Communications Limited — JV/Acquisition, 15-10-2025: Acquisition
15-10-2025 | 12:43 pm
15-10-2025 | 12:43 pm
Paytm is revamping its group structure, securing full ownership of several key tech and service entities to boost operational efficiency and transparency. This involves acquiring remaining stakes in Paytm Financial Services, Paytm Emerging Tech, Paytm Insuretech, and Paytm Life Insurance for a combined cash payment of approximately INR 4.02 Cr. Major entities like Fincollect (INR 220.47 Cr FY25 turnover) and Mobiquest (INR 33.43 Cr FY25 turnover) become direct wholly-owned subsidiaries via a mix of cash (~INR 3.02 Cr) and converting ~INR 55 Cr of existing debt. Paytm also increases its stake in e-commerce player Little Internet to ~78% by converting ~INR 15 Cr of debt.
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