One 97 Communications Limited — JV/Acquisition, 29-01-2026: Acquisition

Paytm has strategically transferred its core offline merchant payments business to its wholly-owned subsidiary, Paytm Payment Services Limited (PPSL), for INR 975 Cr. This internal consolidation aims to unify all merchant payment operations, both offline and online, under a single entity. The move is designed to reinforce Paytm's leadership in the merchant payments segment, ensuring a more streamlined and efficient platform for continued growth. This decision strengthens PPSL as the group's largest business unit, poised to drive further market penetration and operational synergies across the payments ecosystem.