Paytm to sell entertainment ticketing business to Zomato for Rs 2,048 crore

One 97 Communications Limited, which owns the Paytm brand, on Wednesday said it will sell entertainment ticketing business to Zomato for Rs 2,048 crore.

Entertainment ticketing business, including movies, sports, and events, will be available on the Paytm app during a transition period of up to 12 months, it said.