Paytm will sell its entertainment ticketing business, including TicketNew and Insider, to Zomato for Rs 2,048 crore, the company announced. This deal, set to transition over a year, would move around 280 Paytm employees to Zomato. The sale aims to bolster Paytm’s balance sheet and refocus on core financial services.
Paytm to sell ticketing business to Zomato in Rs 2,048cr deal
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