<ul><li>Paytm has sold its entire 12.75% stake in Jugnoo's parent company Socomo Technologies for INR 3 Cr.</li><li>Jugnoo repurchased Paytm's stake for INR 23.52 Cr to consolidate ownership and enhance operational control.</li><li>Jugnoo plans to undertake an INR 10 Cr rights issue to expand operations and enhance technological capabilities.</li><li>Paytm's stake sale in Jugnoo aligns with its focus on core payments and financial services business for profitability.</li></ul>

Paytm Sells 12.75% Stake In Jugnoo For INR 3 Cr

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