Paytm to sell entertainment ticketing business to Zomato for Rs 2,048 crore | DETAILS

One 97 Communications Limited, the parent company of Paytm, announced on Wednesday that it will sell its entertainment ticketing business to Food delivery giant Zomato for Rs 2048 crore ($244.2 million). The sale includes ticketing services for movies, sports, and events. During a transition period of up to 12 months, these services will continue to be available on the Paytm app, the company stated.