One 97 Communications Limited — JV/Acquisition, 04-11-2025: Acquisition

Paytm (One 97 Communications) has announced a significant investment of INR 2,250 crore into its wholly-owned subsidiary, Paytm Payments Services Limited (PPSL). This capital infusion is earmarked to bolster PPSL's net worth, fund the acquisition of its offline merchant payment business, and support working capital needs. The strategic move reinforces PPSL's leadership in the merchant payments sector and aligns with regulatory requirements. Paytm will retain its 100% ownership of PPSL, indicating a strong commitment to its payments core.