Others · May 22, 2024

Paytm counts costs of regulatory clampdown as losses swell

One 97 Communications, the parent company of India’s leading digital payments platform Paytm, reported a widening of its consolidated net loss to $66.1 million in the quarter ending March, compared to a loss of $20.11 million in the same quarter last year as it grappled with a regulatory clampdown. For the full fiscal year 2024, […]

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