Zomato in talks to acquire Paytm’s movie, events biz for Rs 2,000 crore

Food delivery major Zomato is in advanced talks to acquire fintech player Paytm’s movie and event ticketing business, a potential deal that is pegged in the range of Rs 1,600 crore-2,000 crore, sources said.

The talks are taking place at a time when Paytm is focusing on its payments and financial services business.

Once finalised, this will be the food delivery major’s second biggest purchase since acquiring Blinkit in 2022 for $569 million in an all-stock deal.