HomeStartupsPaytm gets government nod for investment in payments arm

Paytm gets government nod for investment in payments arm

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The central government has greenlit Paytm’s foreign direct investment (FDI) proposal for its payment aggregator business. Paytm Payment Services is one of the biggest remaining parts of the fintech firm’s business, accounting for a quarter of consolidated revenue in the financial year ended March 2023.

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