Indian ticketer Paytm Insider acquired for €220m

The firm has been acquired by food delivery giant Zomato, which is doubling down on its 'going out business'

News By Lisa Henderson | 3 September 2024

Zomato recently secured Dua Lipa for a charity concert in Mumbai

Indian event ticketing platform Paytm Insider has been acquired by food delivery giant Zomato in an all-cash deal valued at Rs 2048.4 crore (€220m).

In a filing with the stock exchanges, Zomato said the purchase from former owner One 97 Communications Limited (OCL) “is in line with our strategy of investing in our going-out business”.

Zomato has recently been doubling down on its ‘going out business’ which comprises its restaurant, live events and cinema ticketing verticals, and also runs a food festival…

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