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

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  3. PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

  4. Cross-border payments startup Aspora bags $53 million in Series B funding

  5. Mahaveer Finance raises Series C funding from Elevation Capital, others
  6. Read more highlights...

AI/Emerging Tech

  1. Darwix AI bags seed funding

  2. Google plans to snap ties with Scale AI after Meta's "significant" investment

  3. India’s domestic AI market to more than triple to $17 billion by 2027: BCG

  4. Read more highlights...

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