Paytm Acquires Majority Stakes In Mumbai-based Ticketing Platform Insider.in
One97 Comunications owned India's largest digital payments startup Paytm has recently acquired majority stakes in a Mumbai based online ticketing and events platform Insider.in as per the report.
Founded by Shreyas Srinivasan in August 2014, Insider.in will continue running the business by enabling Paytm's more than 200 million registered customers to discover a wide range of events and book them instantly.
The terms of the acquisition are not disclosed for now.
“Events discovery and ticket booking is a challenge for customers and organisers alike. We believe that digital discovery and events marketing expertise will increase supply of quality events in India. This is a natural extension for us,” Madhur Deora, chief financial officer, Paytm, said in a statement.
Srinivasan sa...