Paytm Says Profitability Is Around The Corner, But What’s The True Picture?

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Is the Paytm jigsaw falling into place? Perhaps, at least going by the words of Vijay Shekhar Sharma, the founder of the embattled startup. 

Once the poster boy of India’s startup ecosystem and the most outspoken founder, Sharma went largely silent since the Reserve Bank cracked the whip on his the Paytm Payments Bank over regulatory discrepancies last year. One of the pioneers in India’s digital payments space, Paytm has since been quietly trying to put back the pieces of the puzzle.

“We are committed to working on profitability….



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Paytm Says Profitability Is Around The Corner, But What’s The True Picture?


Is the Paytm jigsaw falling into place? Perhaps, at least going by the words of Vijay Shekhar Sharma, the founder of the embattled startup. 

Once the poster boy of India’s startup ecosystem and the most outspoken founder, Sharma went largely silent since the Reserve Bank cracked the whip on his the Paytm Payments Bank over regulatory discrepancies last year. One of the pioneers in India’s digital payments space, Paytm has since been quietly trying to put back the pieces of the puzzle.

“We are committed to working on profitability….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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