India, May 25 -- Paytm announced on Friday that it would invest €9 Mn (around Rs.99.8 Cr) in its European subsidiary, according to its filings with the stock exchanges.

The company's board approved an investment by its wholly owned subsidiary Paytm Cloud Technologies Limited (PCTL) in its step-down subsidiary Paytm Europe Payments S.A. The investment will come in the form of subscription to 9 Mn equity shares of €1 each.

The investment will increase Paytm's paid-up capital of Paytm Europe and support its requirements of funds for its business. The transaction will be completed by June 30, 2026.

Paytm Europe, based in Luxembourg, was incorporated on January 12, 2026, and is yet to commence business operations. PCTL owns 100%...