Message: Return type of CI_Session_null_driver::open($save_path, $name) should either be compatible with SessionHandlerInterface::open(string $path, string $name): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_null_driver::close() should either be compatible with SessionHandlerInterface::close(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_null_driver::read($session_id) should either be compatible with SessionHandlerInterface::read(string $id): string|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_null_driver::write($session_id, $session_data) should either be compatible with SessionHandlerInterface::write(string $id, string $data): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_null_driver::destroy($session_id) should either be compatible with SessionHandlerInterface::destroy(string $id): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_null_driver::gc($maxlifetime) should either be compatible with SessionHandlerInterface::gc(int $max_lifetime): int|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
NRIPage | Articles | Paytm Stock Rises 5% After Investment in Brazilian Startup Dinie | Get Education & Training Articles. Empowering Lifelong Learning around the world - NRI Page
Paytm’s parent company, One97 Communications Ltd, saw its stock price rise by over 5% in intra-day trading on Wednesday. This surge followed an announcement regarding a $1 million investment by Paytm's subsidiary, Paytm Cloud Technologies Limited (PCTL), in Seven Technology LLC, the parent company of the Brazilian embedded finance startup Dinie. The investment aims to acquire a 25% stake in Seven Technology, marking Paytm’s continued expansion into global markets. Following the announcement, Paytm’s stock gained 5.27%, reaching Rs 782.80, and ended the session 4.21% higher at Rs 774.90.
Market Performance and Stock Movement
The recent surge in Paytm's stock helped boost its market capitalization to Rs 49,402 crore on the BSE. On the day, 7.09 lakh shares of Paytm were traded, amounting to a turnover of Rs 53.95 crore. Over the past year, Paytm’s stock has risen by 59.10%, but it has faced challenges in 2025, losing 21.47% so far. Despite this, the stock’s technical indicators show that it is neither in the overbought nor oversold zone, with a Relative Strength Index (RSI) of 32.8. Shares are trading higher than the 150-day and 200-day moving averages, but below shorter-term averages.The $1 million investment is expected to benefit Paytm by giving the company a better understanding of the Brazilian market and its merchant landscape. This strategic move could open up new opportunities in Brazil, helping Paytm tap into the embedded finance and payment space in an emerging market. With this investment, Seven Technology and Dinie will become associate entities of One97 Communications, which will deepen Paytm's global presence in the fintech sector.
Paytm’s Business and Future Prospects
Paytm, through One97 Communications, is a major player in the payment and financial services industry, providing a range of services including payment facilitation, consumer and merchant loans, wealth management, and digital products aggregation. The company’s diverse business model positions it well to continue expanding its footprint in both India and international markets. The recent investment in Dinie is just one example of how Paytm is diversifying its portfolio and strengthening its position in the embedded finance and digital payments space.