FILE PHOTO: The brand of Indian meals supply firm Zomato is seen on its app on a cell phone displayed in entrance of its firm web site on this illustration image taken July 14, 2021. REUTERS/Florence Lo/Illustration/File Photograph
| Photograph Credit score: FLORENCE LO
One 97 Communications Restricted, which owns the Paytm model, on Wednesday (August 21, 2024) stated it can promote leisure ticketing enterprise to Zomato for ₹2,048 crore.
Leisure ticketing enterprise, together with motion pictures, sports activities, and occasions, will likely be obtainable on the Paytm app throughout a transition interval of as much as 12 months, it stated.
“One 97 Communications Restricted (OCL)…at the moment introduced, that it has entered into definitive agreements for the sale of its leisure ticketing enterprise that features motion pictures, sports activities and occasions (dwell performances) ticketing to Zomato Restricted,” it stated.
The deal, valued at ₹2,048 crore, underscores the worth Paytm has created by means of its leisure ticketing enterprise, bringing alternative and comfort to hundreds of thousands of Indians with its companies and scale, the corporate stated.
