In discussion with Paytm for buying movies, events business, says Zomato

BENGALURU: Food delivery platform Zomato on Sunday said that it is in talks with Paytm to acquire the financial technology company’s movies and events business.

According to reports, the deal is pegged at over Rs 1,600 crore. Recently, Zomato said that it will be investing Rs 100 crore in its entertainment business.

In a regulatory filing, Zomato said while it is in discussions with Paytm,