In a move aimed at fortifying its digital payments infrastructure, fintech major Paytm (One97 Communications Ltd) has announced plans to invest INR 2,250 crore in its payments subsidiary, Paytm Payments Services Ltd (PPSL). The infusion comes as part of the company’s broader strategy to strengthen its payments ecosystem and ensure compliance with regulatory norms, particularly in the wake of challenges faced earlier this year.
Strengthening The Payments Arm
The planned investment underscores Paytm’s focus on stabilizing and scaling its payments business, which remains the backbone of its operations. According to the company’s statement, the capital infusion will be deployed to “enhance the
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