Acquastion

Business

Paytm Confirms Completion of Event Ticketing Sale to Zomato Amid Strategic Shift

Zomato, a leading food delivery platform, has successfully acquired Paytm’s event ticketing subsidiaries, Wasteland Entertainment Private Limited (WEPL) and Orbgen Technologies Private Limited (OTPL), as confirmed in an exchange filing. These subsidiaries operate the popular ticketing platforms TicketNew and Insider, respectively. According to reports, on June 16, Zomato was in discussions to acquire Paytm Insider as part of its strategy…