One 97 puts Rs 61 crore in Paytm Entertainment

Paytm2 — Paytm had acquired Chennai-based online ticketing platform Ticket New earlier this year.

BENGALURU: Digital payments major One 97 Communications, which owns the brand Paytm, has invested Rs 61 crore into Paytm Entertainment, its wholly owned subsidiary, said the company in a filing with the Ministry of Corporate Affairs. Paytm Entertainment is into ticket booking for movies and other entertainment channels. Paytm had acquired Chennai-based online ticketing platform Ticket New earlier this year for ramping up its operations in the ticket booking business.