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News
Paytm
Paytm News
Paytm
22 Jul 2024
Paytm Rebounds: Credit Card Distribution Hits 12.8 Lakh
Outperforming Expected Impact, Paytm Shows Strong Performance and Continued Trust from Customers and Merchants.
Paytm
19 Jul 2024
Paytm Q1 FY 2025 reports operating revenue of Rs 1,502 Cr
Revenue and profitability to improve, driven by growth in operating metrics including GMV, an expanding merchant base, recovery in loan distribution business and continued focus on cost optimization Accelerating merchant reactivation and new sign-ups resulting in increase in merchant subscriber base to 1.09 Cr, with new merchant sign-ups and daily GMV rebounding to January levels Customer base has stabilized to 7.8 Cr; GMV per customer increasing Driving monetization by distribution of loans, wealth products and insurance
Paytm
16 Jul 2024
Paytm States Consistent Compliance and Adherence to SEBI Regulations
In response to the SEBI Administrative Warning, India’s leading payments and financial services distribution platform, Paytm, said that it has consistently adhered to all listing regulations from time to time, including any amendments and updates to these regulations over time.
Paytm
12 Jul 2024
Helios Capital Founder Voices Support for Paytm, Condemns Unfounded Allegation
One 97 Communications Limited (OCL) that owns the brand Paytm, payments and financial services distribution company, has been on a steady path to recovery, which has fueled retail investor confidence in the company.
Paytm
08 Jul 2024
Paytm Holds Steady UPI Market Share for Two Consecutive Months
Continuing its journey of enhancing user metrics and showcasing consistent performance and recovery, Paytm, a pioneer in mobile payments, QR-based payments, and Soundbox, has retained its market share for two consecutive months in Unified Payments Interface (UPI) transactions despite facing restrictions on onboarding new users.
Paytm
03 Jul 2024
Paytm Launches 'Health Saathi Plan' For Merchant Partners At Just Rs 35/Month
Paytm Health Saathi offers unlimited doctor teleconsultations and in-person doctor visits (OPD) within its partner network.
Marshall Wace
19 Jun 2024
UK-Based Hedge Fund Marshall Wace Sells Shares Of Paytm, Shriram Finance For R
Marshall Wace, through its arm Marshall Wace Investment Strategies - Eureka Fund, offloaded shares of One97 Communications, owner of Paytm brand, and Shriram Finance Ltd through separate block deals on the National Stock Exchange (NSE).
Zomato
17 Jun 2024
Zomato To Take Over Paytm's Movie Ticketing Biz? Check What Both Cos Said
Both Paytm and Zomato have issued clarification to the stock exchanges regarding media speculations on acquisition biz.
Zomato
16 Jun 2024
Zomato May Buy Paytm's Movie Ticketing Business: Reports
Zomato has invested Rs 300 crore in its quick commerce arm, Blinkit, as this segment is projected to surpass its core food delivery business.
Paytm
13 Jun 2024
Paytm Shares See Good Rally On Partnership With Samsung Wallet
Samsung and Paytm have announced partnership to bring travel & entertainment services to Samsung Wallet in India.
Paytm
10 Jun 2024
Paytm Lays Off Employees As Part Of Restructuring
Paytm's sales employee headcount in March 2024 quarter dropped by about 3,500 to 36,521 personnel on a quarter-on-quarter basis, mainly due the impact of the Reserve Bank of India's ban on services of Paytm Payments Bank.
Paytm
23 May 2024
You Will See Us Reach Back To Key Metrics: Paytm’s Vijay Shekhar Sharma
Vijay Shekhar Sharma, the founder and CEO of One97 Communications, the parent entity that operates brand Paytm, said that he is confident that the organisation will reach back to key metrics, making a strong recovery.
Paytm
23 May 2024
Paytm Layoffs: Company Signals Potential Job Cuts Amid Sales Decline
Paytm CEO Vijay Shekhar Sharma informed shareholders that the company anticipates a short-term financial impact on revenue and profitability due to the disruptions experienced in Q4.
Paytm
22 May 2024
Fully Committed On Building Paytm Through Regulatory Compliances: Sharma
One97 Communications, the parent entity that operates brand Paytm, is fully committed towards building its business according to regulatory compliances and prudent operations risk policies, its founder and chief Vijay Shekhar Sharma said.
Paytm
22 May 2024
Paytm’s Partnership With Other Banks De-Risks Its Business Model
One97 Communications Limited (OCL) the parent entity that owns brand Paytm, expects that transitioning its core payment business from Paytm Payments Bank Ltd to other banks will help it de-risk its business model and open up new opportunities for long term monetisation, said the company.
Paytm
22 May 2024
Paytm FY24 Revenue Up 25% to Rs 9,978 Cr; Reports First Full Year EBITDA
In FY25, company will focus on embedded insurance and wealth product distribution and credit growth led by distribution-only disbursement model AI led efficiency and leaner organisation structure to drive ₹400-₹500 Cr in annualised savings in the coming year Multi-bank model to provide long-term monetisation opportunities
One97 Communications
22 May 2024
Paytm Q4 FY24 Loss Widens To Rs 550 Crore
The revenue from operations of Paytm declined 2.8 per cent to Rs 2,267.1 during the reported quarter from Rs 2,464.6 crore in the corresponding quarter of the financial year 2023.
Paytm Travel Carnival
17 May 2024
Paytm Travel Carnival: Exciting Deals On Domestic Flights, Discounts On Train
Bus tickets booked through Paytm also come with features such as live bus tracking, free cancellation, and the best price guarantee.
Paytm
17 May 2024
Paytm Travel Carnival Kicks Off: Check Dates, Discounts On Flights, Train, Bus
On booking domestic flights via Paytm, users can use the "SUMMERSALE" promo code to unlock a double advantage: zero convenience fees and a 10 per cent discount up to Rs 750.
Paytm
13 May 2024
Paytm Focuses On UPI Lite Wallet For Low-Value Daily Payments
The company partnered with leading Payment System Providers (PSPs), such as Axis Bank, HDFC Bank, State Bank of India (SBI), and YES Bank that will ensure a robust and reliable framework for your UPI transactions.
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