Paytm To Invest INR 455 Cr In Subsidiaries, Shuts RMG Ops

Paytm’s board also approved an investment of INR 155 Cr in its subsidiary PSPL, which is engaged in the providing “manpower supply and related services”

Meanwhile, Varun Sridhar has quit as the the CEO of PSPL to start a new venture in the wealth tech segment

Paytm also announced that First Games has officially discontinued its real money gaming (RMG) operations and carried an investment value of “nil” at the end of Q1 FY26

In a bid to bolster its revenue streams, fintech giant Paytm’s board has approved an…