PAYTM : CLARIFIES PARTNERSHIP WITH FLIP AND DTK IN INDONESIA

• Partnership with Flip (PT Fliptech Lentera Inspirasi Pertiwi) and its subsidiary PT Duta Teknologi Kreatif ("DTK") in Indonesia. • Company and subsidiaries to provide device hardware and technology to DTK. • Minority investment made in DTK. • Flip to lead local market execution; DTK holds PJP1 licence for merchant acquiring. • Partnership not a material event under SEBI regulations. Impact: Neutral (Clarification on news item regarding partnership and investment in Indonesian entities.)

One 97 Communications Ltd

Open attachment

← Back to feed