One 97 Communications Limited — JV/Acquisition, 25-05-2026: Acquisition

One 97 Communications (Paytm) is boosting its European expansion efforts! Its subsidiary is injecting EUR 9 million into Paytm Europe Payments S.A., a wholly-owned step-down subsidiary. This crucial capital infusion will fund Paytm Europe's new payment services and related activities across the European market. Paytm Europe, recently incorporated and yet to commence operations, remains 100% owned by Paytm, signaling a strategic geographic push.