Paytm Cloud has committed a significant investment of IDR 15 billion to strengthen its presence in Indonesia, with the objective of fostering growth and regional expansion for Paytm's operations in the country.

Paytm, a subsidiary of One97 Communications Ltd, has established PT Paytm Indonesia Technologi and invested IDR 15 billion for expansion in Indonesia, aiming to broaden its operations within the Southeast Asian nation.

Despite equity market volatility in the fiscal year 2026, India's IPO fundraising increased by 20%. However, a significant number of 224 out of 396 initial public offerings are trading below their issue prices, with major IPOs like LIC and One97 underperforming post-listing.