In a strategic move to simplify operations and enhance corporate governance, One 97 Communications Limited (Paytm) has completed the acquisition of the remaining 51 percent stake in two key subsidiaries—Paytm Intelligence Limited (formerly Paytm Emerging Tech Limited) and Paytm Life Insurance Limited—from VSS Holdings Private Limited, fully owned by founder Vijay Shekhar Sharma.
Following the acquisition on October 30, 2025, both companies have become wholly owned subsidiaries of Paytm. The transaction marks the final step in a broader group-simplification initiative aimed at strengthening transparency, reducing related-party linkages, and building a more streamlined organizational structure.
Paytm stated that the development, disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, is part of its ongoing commitment to “good governance and clarity in corporate structure.”
The reorganization will allow Paytm to better integrate its AI and data-driven capabilities through Paytm Intelligence and expand its insurtech offerings via Paytm Life Insurance. Both verticals are seen as strategic growth engines within the company’s evolving fintech ecosystem.
Industry analysts say the consolidation provides Paytm with a clearer operating framework and the flexibility to make faster decisions in a regulated environment. It also signals Vijay Shekhar Sharma’s continued focus on positioning Paytm as a sustainable, professionally-governed enterprise beyond the founder-driven phase.
The company emphasized that the changes have no immediate impact on its core financial services or payment operations. Instead, they set the stage for long-term synergy and cost efficiency, strengthening investor confidence following several quarters of financial recalibration.
Paytm’s efforts to simplify its structure reflect a wider trend among Indian digital and fintech companies seeking greater transparency and reduced cross-ownership complexities as regulatory scrutiny deepens.
This move also coincides with the company’s strategy to enhance shareholder value, pursue profitability, and expand in areas like insurance distribution, lending partnerships, and AI-powered merchant services.
With this milestone, Paytm reaffirms its intent to evolve from a payment-first brand into a comprehensive digital financial-services ecosystem, aligning with the government’s Digital India vision and the evolving needs of the Indian consumer economy.