Paytm in talks to sell movie ticketing business


NEW DELHI: Paytm is in talks to sell its movie and ticketing business to Zomato Ltd, as the Indian financial technology (fintech) pioneer seeks to unload non-core assets and revive sales hurt by a regulatory crackdown.

The fintech firm is considering a potential transfer of its entertainment business but has yet to enter into any binding agreements, the company officially known as One97 Communications Ltd, said in a stock exchange filing on Sunday.

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Paytm , ticketing , Zomato , fintech

   

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