Zomato in Talks to Acquire Paytm's Movie and Event Ticketing Business

Listen to our Podcast: Grow your wealth and keep it secure.

0:00 / 0:00


Zomato and Paytm are in talks for Zomato to acquire Paytm's movie and event ticketing business, valued between ₹1,600-2,000 crore. This potential acquisition aligns with Zomato's strategy to strengthen its 'going-out' offerings and marks a significant strategic move.

Zomato Paytm News Today

Food delivery leader Zomato and fintech giant Paytm have publicly acknowledged ongoing discussions regarding Zomato's potential acquisition of Paytm's movie and event ticketing business.

This move follows Zomato's recent investments in its 'going-out' business, including a significant capital injection into Zomato Entertainment.


Confirmation by Zomato

Zomato disclosed in regulatory filings that discussions with Paytm are underway, emphasising no binding decisions have been made yet. The acquisition aims to enhance Zomato's position in the entertainment sector, aligning with its focused business strategy. 

Paytm's Strategic Shift

Paytm's confirmation of the discussions reflects its strategic move towards core financial services and digital commerce. The potential divestment of its entertainment segment underscores Paytm's refocused priorities on payment services, consolidating its market presence.

Additional Read: Zomato's Turnaround

Valuation and Strategic Implications

While specific financial details remain undisclosed, industry estimates value the transaction between ₹1,600 crore to ₹2,000 crore.

This potential acquisition would represent Zomato's second-largest deal, underscoring its commitment to expanding beyond food delivery into adjacent sectors.

Regulatory and Market Considerations

Both companies underscored the preliminary nature of discussions, highlighting adherence to regulatory obligations and market transparency.

Any finalised agreement would require board approval and regulatory compliance, reflecting the complexity and scrutiny of such transactions.

Context and Market Impact

This development unfolds amidst Paytm's efforts to streamline operations and focus on profitable business verticals.

For Zomato, the acquisition presents an opportunity to integrate ticketing services into its ecosystem, potentially enhancing user engagement and revenue streams.

Strategic Synergies and Operational Integration

The acquisition aligns with Zomato's broader strategy of offering comprehensive lifestyle services beyond food delivery.

Integrating Paytm's ticketing business could create synergies with Zomato's existing offerings, enhancing customer retention and market competitiveness.

Key Takeaways

  • The potential acquisition of Paytm's entertainment unit by Zomato represents a strategic alignment of interests to strengthen respective market positions.

  • Both companies navigate preliminary discussions with regulatory compliance and market anticipation, awaiting further developments.

  • The outcome of these talks could reshape India's digital commerce landscape, marking a significant milestone for both Zomato and Paytm in their strategic evolution.

Share this article: 

Read More Blogs

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7.5 Lacs+ Users


4.3+ App Rating


4 Languages


₹4300 Cr MTF Book