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Paytm Entertainment receives capital infusion

March 17, 2020

Paytm Entertainment receives capital infusion

One97 communications invested ₹ 48.79 crore in Paytm Entertainment. It has invested second time in six months.

One97 communications have invested $19 million in Paytm entertainment.

Paytm has allotted 54 lakh equity shares to One97 communications. Paytm entertainment has been valued at ₹ 630 crore which has grown in last six months.

Paytm Entertainment is a competitor of Bookmyshow for last few years and it has tied up with INOX, PVR, and Cinepolis.

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