One 97 Communications has announced the completion of a Rs22.50bn ($250m) infusion into its wholly-owned subsidiary Paytm Payments Services Limited (PPSL).
According to the company’s regulatory filing, the investment was carried out via subscription to the rights issue of Paytm Payments Services equity shares.
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The transaction was finalised on 12 December 2025.
Last month, Paytm launched a new in-app privacy feature called ‘Hide Payments’.
This feature allows users to move selected UPI transactions out of the main transaction history view.
The hidden transactions are stored within a secured section of the app, accessible only after PIN or biometric verification.
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By GlobalDataPaytm stated that the ‘Hide Payments’ feature was developed in response to user demand for enhanced discretion, particularly for users who share devices with family or colleagues.
The company added that it is currently the only UPI app in the market offering such a capability, aiming to address privacy concerns among its user base.
For the quarter ended September 2025 (Q2FY26), Paytm reported a net profit of Rs2.11bn ($25.3m) before a one-time charge.
After fully impairing a Rs1.90bn ($22.7m) loan to its joint venture, First Games Technology, the company’s reported profit after tax stood at Rs210m ($2.5m).
Operating revenue for the quarter rose 24% year-on-year to Rs20.61bn ($247m).
This growth was attributed to an increase in subscription-paying merchants, higher payments gross merchandise value (GMV), and expansion in financial services distribution.
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) improved to Rs1.42bn ($17m), with the EBITDA margin rising to 7%. The company credited this improvement to operating leverage and sustained revenue momentum.
Last month, One 97 Communications announced the receipt of the Reserve Bank of India’s (RBI) online payment aggregator licence.
The RBI granted the certificate of authorisation following an in-principle approval given in August 2025, allowing Paytm to operate as a payment aggregator.
