4
SUMMARY
Paytm’s subsidiary Paytm Cloud Technologies received board’s approval to acquire 25% stake in Seven Technology
The transaction is valued at $1Mn (around INR 8.7 Cr) via a cash deal
Shares of One97 Communications was up about 1% at INR 750.75 apiece in the intraday morning trade on the BSE today
Paytm’s arm Paytm
Cloud Technologies Limited (PCTL) is set to acquire a 25% stake in Delaware-based fintech startup Seven Technology LLC for $1 Mn (around INR 8.7 Cr).
In a regulatory filing, One97 Communications said…
