Image Source : Stock Price Archive
One97 Communications Ltd, the parent of Paytm, has approved an Engineering, Procurement, and Construction (EPC) contract for its upcoming IT/ITES complex in Noida’s Sector 98. The move signals a strategic push to consolidate digital operations and enhance backend capabilities.
Key Highlights:
- The EPC contract includes design, construction, and commissioning of a multi-functional tech facility
- The complex will host Paytm’s fintech services, data operations, and enterprise support units
- Aimed at boosting employee productivity and streamlining service delivery across verticals
- The site is expected to serve as a central hub for innovation and digital infrastructure
- Construction is slated to begin in Q3 FY26, with phased rollout through FY28
Strategic Outlook:
The Noida campus aligns with One97’s long-term vision of building integrated tech ecosystems to support scalable growth and operational resilience.
Sources: Trendlyne, Economic Times, One97 Communications Exchange Filings.
Advertisement
Advertisement