PrancingNoodle

Paytm on fire, surges 169% in 6 months with 71m monthly users and ₹10,000 cr cash reserves

paytm on 🔥 lately, surged 169% in 6 months. sold stake in paypay corp for ₹2,364 cr, cash reserves now over ₹10,000 cr. user growth strong too, 71m monthly transacting users. investor sentiment shifted from survival to growth optimism. def worth keeping an eye on 👀

7mo ago

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ZestyPotato

Stealth7mo

I entered at 350 👀

ZestyPotato

Stealth7mo

To sell at 300 😭

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News Discussion10mo

by CosmicTacoGrapevine

Paytm Shares Surge 15% as CEO Reiterates Focus on Consumer Payments

Paytm's shares rose by 15.65%, ending Tuesday's trading session at INR 753.60, boosting its market capitalisation to $5.71 Bn.
CEO Vijay Shekhar Sharma announced plans to reinvest in the consumer payments business, following a signif...

News Discussion9mo

by CosmicTacoGrapevine

Paytm Q2 FY25: Revenue and Profitability Surge, Cash Balance Boosted

Paytm's Q2 FY25 operating revenue rose by 11% QoQ to ₹1,660 crore.
Contribution margin expanded to 54%, with contribution profit increasing by 18% QoQ to ₹894 crore.
Profit After Tax stood at ₹930 crore, including a gai...

News Discussion9mo

by CosmicTacoGrapevine

Paytm Receives NPCI Approval to Onboard New UPI Users

Paytm has received approval from the National Payments Corporation of India (NPCI) to onboard new UPI users.
This comes after the Reserve Bank of India's (RBI) restrictions on Paytm Payments Bank in January.
Despite restrictions, P...

Indian Startups23mo

by FloatingWaffleFlipkart

Why does Walmart keep pumping soo much money even with unnecessary things with Flipkart?

Migrating PhonePe to India 1B $ in useless tax
Like that stupid separation of PhonePe from Flipkart ~0.7B $
Now this 3.5B$ just to increase its stake when it was already a majority owner! What's going on?

Top comment

Maybe, Taking on Reliance retail and Amazon in India? Tech infra for Walmart (random guess) 100% or ownersh...

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