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Following this, PFSL's investee firms — Admirable Software, Mobiquest Mobile Technologies, Urja Money, and Fincollect Services — will also become wholly owned subsidiaries.
Additionally, the company will acquire the remaining stakes in three other group entities for a combined Rs 3.52 crore — 51% in Paytm Emerging Tech Ltd (formerly Paytm General Insurance Ltd), 67.55% in Paytm Insuretech Pvt Ltd, and 51% in Paytm Life Insurance Ltd — making them wholly owned subsidiaries.
In addition, it will convert debentures and inter-corporate deposits worth Rs 15 crore in Little Internet Pvt Ltd, raising its stake from 62.53% to about 78%.
All transactions will be completed on an arm's-length basis by 31 January 2026, as part of Paytm’s ongoing effort to simplify its group structure and enhance efficiency.
Paytm is India's leading mobile payments and financial services distribution company. The company reported a consolidated net profit of Rs 122.5 crore, reversing a net loss of Rs 544.6 crore in Q1 FY25. Revenue from operations rose 27.7% YoY to Rs 1,917.5 crore, driven by growth in subscription merchants, higher GMV (Gross Merchandise Value), and increased revenue from financial services distribution.
Paytm today announced the launch of Paytm AI Soundbox, India's first AI business device for small and medium businesses, helping them operate more efficiently and leverage the power of AI in their everyday operations. The launch was unveiled at the Global Fintech Festival (GFF) today, where Paytm showcased how artificial intelligence can simplify and strengthen everyday business operations for merchants. The device includes an AI assistant that interacts with merchants in 11 local languages, providing real time insights and answers modeled on their payments and business performance. Merchants can talk to the Paytm AI Soundbox to access intelligence that supports smarter operations, making it a true AI business assistant.
With this launch, Paytm introduces a new era of intelligent devices for businesses in India, aimed at empowering the country's diverse merchant community across neighbourhood stores, cafés, and retail chains. The built in Paytm Button provides quick access to assistance and key payment updates, helping merchants track collections and manage their business easily through both voice and screen.
Built on an Android based system, it combines advanced software with smart design to bring greater flexibility and scalability for future updates. Equipped with dual displays, including a front touchscreen for easy interaction and a top display for instant updates, the Paytm AI Soundbox offers a clear and convenient interface for merchants. It supports dynamic QR, tap, and insert card transactions, delivering an intuitive experience that fits seamlessly into fast paced retail environments. The WiFi connectivity ensures stable performance in indoor locations such as restaurants and supermarkets, while 4G support keeps transactions running smoothly in outdoor or high traffic areas.