How significant is the online ticketing business for Paytm?
The answer: Very.
But, first things first. Paytm isn’t coughing up $30 million to pick up a majority stake in Insider.in. Nope. That number, reported in the pink paper is way overstated. Paytm will be paying about Rs 35 crore ($5.38 million) to pick up a majority stake.