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One 97 Communications LimitedJV/Acquisition, 13-01-2026: Acquisition

13-01-2026 | 08:21 pm

Paytm (One 97 Communications Limited) has completed the 100% acquisition of Fincollect Services Private Limited from Urja Money Private Limited. Fincollect Services is now a direct wholly-owned subsidiary, a move expected to strengthen Paytm's service offerings and operational capabilities. Additionally, Paytm's subsidiary, Paytm Cloud Technologies Limited, has incorporated a new wholly-owned subsidiary called Paytm Europe Payments S.A. in Luxembourg, issuing 30,000 shares of EURO 1 each, signaling potential future international expansion.

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