Paytm Q3: Losses narrow; revenues up 38% year-on-year
One 97 Communications, the owner of Paytm, reported a narrowing of losses to Rs 221 crore in Q4 2023. Revenue increased by 38% to Rs 2,850 crore. Paytm aims to strengthen its acquiring leadership, introduce new use cases, broaden high-ticket loans, extend offerings in insurance, and cross-sell equity trading.
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