Zomato to Acquire Paytm’s Entertainment Ticketing Business for 4.2 Million

Zomato to Acquire Paytm’s Entertainment Ticketing Business for $244.2 Million

Zomato said on Wednesday it will acquire the movie and events ticketing businesses of digital payments firm Paytm for $244.2 million (roughly Rs. 2,049 crore) as the food delivery platform looks to beef up its fast-growing ticketing business. The acquisition bolsters Zomato’s presence in India’s online ticketing market for movies…