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One 97 Communications’ arm gets nod to invest 9 million euro in Paytm Europe
May-25-2026

One 97 Communications’ wholly owned subsidiary -- Paytm Cloud Technologies (PCTL) has received approval for an additional investment by way of subscription to 9 million equity shares of 1 euro each at a total consideration of 9 million euro, in its wholly owned subsidiary, Paytm Europe Payments S.A (Paytm Europe). The board of directors of PCTL at its meeting held on May 25, 2026 has considered and approved the same.

The acquisition is aimed at supporting Paytm Europe’s requirements of funds for its business. The said acquisition is to be completed on or before June 30, 2026.

One 97 Communications is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, the company builds technologies that help small businesses with payments and commerce.

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