A Paytm spokesperson said, "We are transforming our operations with AI-powered automation to drive efficiency, eliminating repetitive tasks and roles to drive efficiency across growth and costs, ...

M umbai: Paytm Payments Bank, which has come under regulatory scrutiny, is likely to lay off employees, sources said. An employee working with the PPBL said that about 20% of the operations team ...

Paytm’s wholly owned subsidiary, Paytm Cloud Technologies Limited (PCTL), has approved an investment of $1 million (Rs 8.7 crore) to acquire a 25 percent stake in Seven Technology LLC, the ...

Earlier in December last year, Paytm’s parent company One97 Communication had laid off several employees as part of cost-cutting measures. The lay offs were announced after the company adopted ...

Revenue from financial services vertical grew 36% YoY and a modest 6% QoQ to INR 607 Cr in Q3 FY24 The number of loans disbursed by Paytm fell to 1.15 Cr in Q3 against 1.32 Cr loans in the ...

India's Paytm reported a narrower sequential third-quarter adjusted loss on Monday as its digital payments business recovered from the winding down of its payments bank unit. The company posted a ...

Paytm, which started in 2010 as a pre-paid mobile and direct-to-home television recharge platform, swiftly expanded to include payments for transportation, utilities, and travel. Investments from ...

Paytm Cloud Technologies has approved an investment of $1 million, equivalent to ₹8.70 crore, in Seven Technology LLC for acquisition of 25% stake.(Photo: REUTERS) Paytm share price jumped over ...

on proceeds from the recent stake sale in entertainment business/PayPay Corp. These should drive Paytm into the net profit zone by FY26E (without one-off gains) vs earlier FY27E", Emkay said.

Paytm’s founder expects his bank to get a fresh lease on life from Indian regulators, after he distanced that company from his larger fintech empire. The Reserve Bank of India last year imposed new ...

Mutual funds significantly increased their stake in One 97 Communications, the parent company of Paytm, during the third quarter of the current fiscal year (Q3FY25) to an all-time high level.