Paytm

The approval, given on November 26, lets PPSL operate as a Payment Aggregator under the Payment and Settlement Systems Act, 2007. The company said in a stock exchange filing that growth in this business is expected to show up in the consolidated financials of One 97 Communications Limited.

With Paytm Check-in, users can chat with an AI assistant that helps plan trips through simple conversations. It suggests destinations, creates personalized itineraries, and manages bookings for flights, trains, buses, and metro services. 

The investment will be directed to Paytm Payments Services Ltd (PPSL), a fully owned subsidiary set up as the central hub for all of Paytm’s merchant payment operations, covering both online and offline transactions.

NRIs can now use the Paytm app to send money, pay through QR codes and shop on indian platforms without dealing with currency conversions or international gateways.

Paytm Money offers services like stock broking and mutual fund distribution. Paytm remains optimistic about its future, with CFO Madhur Deora earlier highlighting strong growth in equity broking.

Varun Sridhar plans to start a venture in the wealthtech space, though the concept and approach to delivering real value to investors and traders are still being developed. He currently lives in Goa and aims to build his new startup there.

Paytm’s Q1 FY26 revenue grew 28% YoY to ₹1,917 crore. Strong operations and a one-time tax refund pushed PAT to ₹123 crore. EBITDA turned positive at ₹72 crore, with a 4% margin, showing improved cost control and profitability.

These shares were originally granted to him as part of an ESOP (employee stock ownership plan) during Paytm’s stock market listing. The surrendered shares will now return to the company’s ESOP pool under its 2019 plan.

Paytm has announced a partnership with artificial intelligence (AI) startup Perplexity to add AI-powered search to its app. 

One97 Communications Ltd, the parent company of Paytm, has signed an agreement with the government to support startups with mentorship, infrastructure, market access, and funding opportunities.