Paytm Completes Acquisition of Key Subsidiaries to Simplify Group Structure

One 97 Communications Ltd (Paytm) has completed the acquisition of the remaining stakes in **three of its major subsidiaries** as part of its ongoing group restructuring plan. On **28 November 2025**, Paytm acquired the remaining: • **9.99%** in Foster Payment Networks Pvt Ltd • **67.55%** in Paytm Insuretech Pvt Ltd • **51.22%** in Paytm Financial Services Ltd (PFSL) Following this, all three entities have become **wholly owned subsidiaries** of Paytm. Additionally, PFSL’s invested companies — **Admirable Software, Mobiquest Mobile Technologies, Urja Money, and Fincollect Services** — have also become step-down subsidiaries. The move sharpens Paytm’s organisational structure and strengthens its control across core fintech verticals. **Disclaimer:** This is a news-based financial update, not investment advice.