One 97 Communications (Paytm) has secured approval to make an additional investment of up to Rs 500 crore in its wholly owned subsidiary -- Paytm Cloud Technologies (PCTL), in one or more tranches, over the next twelve months. The Board of Directors of the company at its meeting held on October 26, 2026, has approved the same.
Further, the Board of PCTL, at its meeting held on October 26, 2026, has also approved an additional investment in its wholly owned subsidiary, Paytm Singapore (Paytm Singapore), for an amount up to Rs 500 crore in one or more tranches, over the next twelve months. These investments are proposed to support PCTL and Paytm Singapore’s future requirements of working capital, investments and business expansion.
One 97 Communications (Paytm) 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.
