Paytm Approves 455cr Capital Infusion, Foster Acquisition, Gaming Shutdown

One 97 Communications Ltd, the parent company of Paytm, has announced a series of strategic moves following its board meeting on August 25. The fintech major approved fresh capital infusions, an acquisition, and an internal restructuring, while formally exiting the real-money gaming space. Capital Infusion into Subsidiaries The board cleared investments of up to Rs … Continue reading Paytm Approves 455cr Capital Infusion, Foster Acquisition, Gaming Shutdown