Board of Paytm’s Singapore arm approves stake sale in Japanese firm PayPay Corporation

December 6, 2024

Paytm’s sale aligns with its strategy to offload non-core assets and bolster its capital base as it prioritizes scaling its core payments business after a tough year. Recently, the fintech firm sold its entertainment ticketing arm, Paytm Insider, to Zomato for Rs 2,048 crore.

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