Ocl

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 15:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

ED issues notice to Paytm and its MD over alleged Rs 611 crore FEMA violations

04 Mar 2025, 17:05 PM

An ED investigation reveals that OCL had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas step down subsidiary.

Paytm Q3 revenue dips 36% yoy, loss narrows to Rs 208.5 crore

Paytm Q3 revenue dips 36% yoy, loss narrows to Rs 208.5 crore

21 Jan 2025, 04:08 AM

Employee benefits - the largest cost centre - stood at Rs 756 crore, compared to Rs 1,187 crore reported in Q3 FY24.

Fintech Hightlights

  1. Paytm financials: FY25 revenue dips 31% to Rs 6900 crore; loss narrows 50%

  2. General Catalyst leads $218 million seed round in PB Fintech's healthcare unit

  3. Fino Bank reports growth in FY25 revenues, net profit

  4. Kaleidofin raises $5.3 million round led by IDH Farmfit Fund

  5. FM Nirmala Sitharaman asks NPCI to address infra gaps to curb UPI outages
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?