PRESS RELEASE UNCATEGORIZED

Saraf and Partners acts for Paytm group in its strategic investment in Dinie and entry into Brazil

New Delhi, India, February 05, 2025
  • Saraf and Partners (S&P) advised the Paytm group in the strategic acquisition by Paytm Cloud Technologies Limited of a 25% stake in Seven Technology LLC, the parent company of Dinie, a Brazilian embedded finance start-up.

  • The acquisition marks Paytm’s entry into the Brazilian market, expanding its international presence.

  • Dinie is an API-first platform focused on digital financial services for MSMEs in Brazil.

  • The deal enables Paytm to extend its technology-driven merchant payments and financial services model to a high-growth international market.

  • The transaction reflects Paytm’s strategic ambition to build a global fintech footprint beyond India.

  • S&P’s role included end-to-end legal support: deal structuring, transaction documentation, and closing assistance.

  • The S&P transaction team was led by Sahil Arora (Partner).

  • Bronstein, Zilberberg, Chueiri & Potenza Advogados (BZCP) acted as international counsel for Paytm, advising on Brazil-related aspects.

  • Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP (Gunderson) represented Dinie and its founders.