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Searched Tag: paytm
UPI transactions touch ₹25 lakh crore, a new high

UPI transactions touch ₹25 lakh crore, a new high

August 1, 2025, 09:04 PM - 3 min read

In terms of volume, the highest number was 18.67 billion reported in May, which declined to 18.39 billion in June with a transaction amount of ₹24.03 lakh crore. 

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Reserve Bank of India's directive to shut down its banking unit in January, 2024 had led to a loss in the fintech firm’s earnings in the previous quarters

Paytm logs net gain in first quarter of FY2026

July 22, 2025, 06:47 PM - 3 min read

Paytm's parent company, One 97 Communications, has reported a profit of ₹123 crore in Q1 FY26; revenue from operations increased by 28 per cent

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Paytm to mentor and fund Indian startups under new pact from Govt.

Govt teams up with Paytm to boost startups nationwide

February 26, 2025, 03:20 PM - 2 min read

The Indian government has signed an agreement with Paytm to provide mentorship, infrastructure support, market access, and funding opportunities for startups.

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Paytm UPI now available for payments at global locations

Paytm UPI now available for payments at global locations

November 19, 2024, 05:10 PM - 2 min read

Indian traveller can now use their Paytm UPI app to make seamless, cashless payments at destinations where UPI is accepted, including popular spots in the UAE, Singapore, France, Mauritius, Bhutan, and Nepal.

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GIFT City, Gujarat to Benefit from Paytm’s Rs 100 Crore Investment.

Paytm plans ₹100 Cr development hub in GIFT city, Gujarat

August 25, 2024, 08:41 PM - 2 min read

Paytm is on track to complete its Rs 100 crore investment plan in GIFT City, Gujarat, within the next six months. The investment will establish a development centre aimed at boosting job creation and enhancing the company’s financial services and products.

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Several employees at Paytm are reportedly facing imminent job cuts, with some alleging unfair treatment during the process.

Paytm faces job cuts, unfair practices alleged

June 14, 2024, 08:50 PM - 2 min read

Multiple employees shared their experiences stating that Paytm forced them to resign without providing formal documentation or severance. One former employee disclosed that the company demanded repayment of their retention and joining bonuses, which were not mentioned in their offer letters. 

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Adani group denies Paytm stake acquisition

Adani group denies Paytm stake acquisition

May 29, 2024, 03:44 PM - 2 min read

Adani Group refutes claims of acquiring stake in Paytm amidst media speculation; Paytm denies engagement in discussions regarding the matter.

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Paytm reports 3% decline in Q4 FY24 revenue, achieves 25% YoY revenue growth

Paytm reports 3% decline in Q4 FY24 revenue, achieves 25% YoY revenue growth

May 22, 2024, 12:54 PM - 2 min read

Paytm reported a 3% revenue decline for Q4 FY24, totaling Rs 2,267 crore. Despite this, the company saw a 25% YoY increase in full fiscal year (FY24) revenue from operations, reaching Rs 9,978 crore, along with significant improvements in profitability and operational efficiency.

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Paytm launches made-in-India 4G soundboxes for enhanced UPI and credit card notifications

Paytm launches made-in-India 4G soundboxes for enhanced UPI and credit card notifications

April 22, 2024, 07:51 PM - 2 min read

The launch came as One97 Communications Ltd, which runs Paytm, completed the migration of merchant customer accounts from Paytm to other unified payments interface (UPI) handles.

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NPCI allows Paytm to continue UPI operation via SBI, 3 other banks

NPCI grants Paytm lifeline: UPI transactions secure through SBI, 3 other banks

March 14, 2024, 08:40 PM - 2 min read

The RBI has instructed PPBL to halt all deposits, credit transactions, and top-ups in customer accounts by March 15, impacting 30 crore wallets and 3 crore bank customers. Additionally, NPCI has sanctioned One97 Communications Limited (OCL) to operate as a Third-Party Application Provider (TPAP) within a multi-bank framework.

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Logo of Paytm

Paytm, Paytm Payments Bank to discontinue inter-company pacts to reduce dependencies

March 1, 2024, 09:53 AM - 2 min read

In a statutory filing on Friday, One 97 Communications (which owns and operates Paytm) said the company and its associate entity, Paytm Payments Bank Limited (PPBL), have introduced additional measures to strengthen their approach towards independent operations of PPBL.

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Paytm, the poster boy of India's fintech revolution founded in 2010 by Vijay Shekhar Sharma, has found itself embroiled in a crisis as the Reserve Bank of India (RBI) imposed significant restrictions on its operations.

Paytm faces crisis: A timeline of events and future prospects

February 28, 2024, 04:27 PM - 2 min read

Known for its versatile payment solutions, e-wallet, and business platforms, Paytm now faces a critical juncture that could shape its future in the dynamic world of digital finance.

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