One97 Communications to Invest ₹100 Crore in Paytm Money

One97 Communications, the parent company of the Paytm brand, announced a plan to invest up to ₹100 crore in its wealthtech subsidiary, Paytm Money Limited. The company intends to complete the capital infusion through a rights issue by September 30, 2026.

The investment will support technology upgrades, regulatory capital requirements, and the expansion of wealth management services. Specifically, the company is pushing AI-powered offerings and margin trade funding to increase revenue and user engagement across equity broking and wealth products.

This strategic pivot toward wealthtech follows the Reserve Bank of India's decision to cancel Paytm's payments bank licence due to non-compliance. In response to these regulatory challenges, One97 Communications has also decided not to apply for a non-banking financial company licence.