Paytm

Paytm Founder Optimistic About Bank’s Revival and Business Prospects

5 months ago

In an optimistic turn of events for India's digital payments giant, Paytm, founder Vijay Shekhar Sharma has expressed confidence that the company’s banking arm will soon make a significant comeback in the market. Following a period of challenges and market adjustments, Sharma is eyeing a strategic resurgence for Paytm Payments Bank Ltd. (PPB), which has faced operational struggles that hindered its performance.

Paytm Faces Another Quarterly Sales Slump Amid Regulatory Pressures

5 months ago

Paytm, the Indian digital payment giant, has reported a staggering decline in sales for the fourth consecutive quarter, as regulatory authorities continue to impose stringent measures on the company’s operations. This downturn has raised concerns among investors and analysts regarding the company’s long-term viability, especially in a market where competition is becoming increasingly fierce.

Paytm Achieves First-Ever Net Income Following Asset Sale to Zomato

8 months ago

In a significant financial milestone, Indian fintech giant Paytm has reported its first net income, marking a pivotal moment in the company’s journey. This breakthrough comes after Paytm strategically divested certain assets to the leading food delivery platform, Zomato, in a move aimed at streamlining operations and enhancing profitability.