One97 Communications, the parent company of Paytm, is reportedly in the final stages of negotiations to sell its stake in Japan’s digital payments firm PayPay Corporation to SoftBank Group. The deal is valued at $250 million (approximately ₹2,000 crore), according to Money Control.
The sale aligns with Paytm’s strategy to divest non-core assets and refocus on scaling its core payments business. Earlier this year, the company sold its entertainment ticketing business, Paytm Insider, to Zomato for ₹2,048 crore.
As of today, Paytm’s parent company, One97 Communications, saw its shares rise by 1.82%, trading at ₹973.25. The stock has gained 7.86% over the last five days and surged 27.32% in the past month. Year-to-date, the stock has delivered a robust return of 52.90%, indicating positive investor sentiment amid strategic shifts.
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