Paytm loss widens and revenue shrinks as it grapples with regulatory clampdown

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  • July 19, 2024

Indian fintech Paytm’s struggles won’t seem to end. The company on Friday reported that its revenue declined by 36% and its loss more than doubled in the first quarter as it continues to grapple with a regulatory clampdown that has significantly curtailed business at its payments bank subsidiary.  Once the poster child of India’s startup […]

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Source : Paytm loss widens and revenue shrinks as it grapples with regulatory clampdown