Zomato just made a game-changing acquisition—discover the details behind this major shakeup next!
Zomato is buying Paytm's Insider and TicketNew platforms for Rs 2,048 crore in an all-cash deal, expanding its horizons.
With this acquisition, Zomato is diving into the events and entertainment ticketing business, adding a powerful new dimension.
Paytm is selling its ticketing arm to concentrate on payments and financial services, in line with RBI’s recent directive.
Zomato now controls TicketNew and Insider, boosting its non-core business and gaining a foothold in the event space.
This acquisition could redefine Zomato’s role in the industry, sparking discussions on its diversification strategy.
Zomato’s CEO, Deepinder Goyal, emphasizes that seamless integration and customer experience will be key to making this deal a success.