Paytm loss widens and revenue shrinks following regulatory clampdown

09:21 19.07.2024
Paytm’s loss widened even as revenue declined by 36% year-on-year as the once-poster star of Indian startup ecosystem continues to grapple with the Reserve Bank of India’s clampdown that significantly curtailed the payments bank business unit.  The Noida-headquartered firm’s loss more than doubled to $100 million in the quarter ending June, it disclosed Friday. The […] © 2024 TechCrunch. All rights reserved. For personal use only....
Теги: Стартап
  466