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Paytm Parent One 97 Communications To Infuse ₹500 Crore Into Cloud Subsidiary, Outlines MDR Impact

Paytm Parent One 97 Communications To Infuse ₹500 Crore Into Cloud Subsidiary, Outlines MDR Impact
Photo: Free Press Journal · view original

Mumbai: One 97 Communications Ltd, the parent company of Paytm, on Monday announced an additional investment of up to ₹500 crore in its wholly-owned subsidiary, Paytm Cloud Technologies Ltd (PCTL). The investment will be made in one or more tranches over the next twelve months. Subsidiary Invest...

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