One 97 Communications (Paytm) has completed the acquisition of the remaining stake in Foster Payment Networks Private Limited, Paytm Insuretech Private Limited, and Paytm Financial Services Limited (PFSL). All three entities are now wholly owned subsidiaries (WOS) of Paytm, effective November 28, 2025. This move simplifies the group structure, streamlining operations and improving strategic alignment.
Group Structure Streamlined
One 97 Communications, operating under the brand name Paytm, announced the successful completion of the acquisition of the remaining shares in three key subsidiaries. This strategic move aims to simplify the overall group structure, enhancing operational efficiency and strategic focus.
Acquisition Details
Effective November 28, 2025, Paytm has acquired 9.99% equity shares of Foster Payment Networks Private Limited, 67.55% equity shares of Paytm Insuretech Private Limited, and 51.22% equity shares of Paytm Financial Services Limited (“PFSL”). As a result of these transactions, all three entities have become wholly owned subsidiaries (WOS) of One 97 Communications Limited.
Impact on Other Entities
Further, as a consequence of Paytm’s 100% acquisition of PFSL, other entities in which PFSL has investments, including Admirable Software Limited, Mobiquest Mobile Technologies Private Limited, Urja Money Private Limited, and Fincollect Services Private Limited, now become step-down wholly owned subsidiaries of the company, effective November 28, 2025. These acquisitions reflect the company’s ongoing efforts to optimize its corporate structure and ensure closer operational integration across its various businesses.
Source: BSE