Paytm

Resilient Asset Management B.V. enters into agreement to buy 10.30% stake in Paytm from Antfin (Netherlands) Holding B.V. for $628 million

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The Paytm logo is pasted on a wall at Paytm's office in Delhi

MUMBAI, Aug 7 (MeelBijendra) – Paytm Founder and CEO Vijay Shekhar Sharma on Monday executed an agreement to buy 10.30% shareholding in Paytm from Antfin (Netherlands) Holding B.V through its 100% owned overseas entity Resilient Asset Management B.V. Based on the closing share price of the company on Friday, August 4, 2023, Vijay Shekhar Sharma-owned … Read more

Value of loans disbursed through Paytm platform grew by 167% YoY to INR 14845 Cr in Q1 FY24; Improving portfolio quality, says Paytm

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The Paytm logo is pasted on a wall at Paytm's office in Delhi

BENGALURU, July 25 (MeelBijendra) – Paytm, the second largest digital payments app in India by market share, says the value of loans disbursed through the Paytm platform grew by 167% year-on-year to INR 14,845 crore in Q1 FY24, with continued momentum in consumer and merchant loan disbursements along with improving portfolio quality. Paytm generally disburses … Read more

Paytm’s quarterly revenue up 39% on increased loan demand; ₹359 crore YoY improvement in EBITDA before ESOP

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The Paytm logo is pasted on a wall at Paytm's office in Delhi

MUMBAI, July 22 (MeelBijendra) – Paytm‘s parent One97 Communications Ltd on Friday released its Q1 FY24 results in which the company’s revenue grew by 39% YoY to INR 2,342 crore. In the previous quarter i.e. Q4 FY23, the company had a revenue of INR 2,152 crore (One 97 Communications has excluded UPI incentives of INR … Read more