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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

03 Mar 2025, 19:39 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, 03:36 AM

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

Fintech Highlights

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  2. Pine Labs-owned Setu ropes in Razorpay, PhonePe, PayU execs for key roles

  3. BNPL startup Simpl under ED scanner over Rs 913 crore FDI violation

  4. Insurtech startup Bharatsure secures Rs 6 crore funding from IPV, others

  5. Digital lender KreditBee converts into public entity ahead of IPO

  6. Read more news...

AI/Emerging Tech

  1. China's Unitree prices new humanoid robot at under $6,000

  2. OpenAI's Shengjia Zhao named as chief scientist of Meta Superintelligence Labs

  3. AI supremacy: Taiwan follows US with mega global hub plan

  4. Trump government unveils artificial intelligence policy

  5. Intuit updates enterprise suite with AI agents to drive mid-market growth

  6. Read more news...

Editor's Pick

  1. Complaint filed with SEBI against hBits over disclosure concerns amid family feud

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  3. RBI vs Government: The battle over India’s digital payments ecosystem explained

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