Monday, 25 August, 2025
Paytm Parent One 97 Communications Approves Major Capital Injection in Subsidiaries via Rights Issue
One 97 Communications, the parent company of Paytm, has approved substantial investments in its wholly-owned subsidiaries—Paytm Money Ltd (₹300 crore) and Paytm Services Pvt. Ltd. (₹155 crore)—via a rights issue pending necessary approvals. Simultaneously, the firm is restructuring: it plans to acquire Foster Payment Networks for up to ₹61 crore, and transfer First Games Technology to streamline operations amidst rising regulatory clarity.
Read full story at Economic Times