Zomato’s recent acquisition of Paytm’s ticketing business for ₹2,048 crore signals a strategic expansion into the "Going out" sector, complementing its impending launch of the “District” app.
Payment services provider PAYTM share price surged in today’s session as the company founder Vijay Shekhar Sharma announced buying 10.3 percent stake in the company for USD 628 million.