Paytm Revenue

The value of total loans disbursed by Paytm jumped 253% from Rs 3,553 crore in Q4FY22 to Rs 12,554 crore in Q4FY23

As per information available on CrickPe's website, it is an app that allows users to play cricket online

At the end of December, Alibaba had 6.26 per cent stake in the firm and it had sold around 3 per cent of it in January

In its stock exchange filing, Paytm said that the aSuper App' continues to see growing consumer engagement for its wide array of payment and financial services

Sharma founded One97 Communications in 2000 and subsequently Paytm a decade later in 2010. In November 2021, Paytm went public, raising $2.5 billion at a valuation of $19 billion

Will the share buyback revive Paytm's fortunes?

The board of One 97 Communications Ltd has approved a share buyback proposal. It came less than 13 months after Paytm's disastrous listing. How will the buyback affect Paytm's fortunes and investors?

Assuming a full buyback of Rs 850 crore and applicable buyback taxes, the total outlay would be in excess of approximately Rs 1,048 crore

The buyback proposal comes less than 13 months of Paytm's disastrous listing, which saw its shares tank as much as 80 per cent

Shares of Paytm surged 8 per cent to Rs 535.45 apiece in the intra-day trade on Friday, before settling at Rs 537, up 7 per cent

Paytm's m-cap, which was over Rs 1.38 trillion at the time of the launch of the IPO, has declined 77 per cent in just over a year to Rs 30,971 crore

Paytm's pre-IPO investors, which include likes of Warren Buffet's Berkshire Hathway, SoftBank, Elevation Capital and Alibaba, do not seem to be in a hurry to exit the company as they continue to believe in its long-term prospect, analysts said. On Tuesday, 86 per cent of Paytm's shares became free to trade after end of lock-in period but that had a minimal impact on the stock. Market participants have been speculating on Paytm, post expiry of lock-in for pre-IPO investors. "Paytm's lock-in expiry had no impact on the share price as the company's robust performance continues to impress investors." Avinash Gorakshakar, Director, Research, Profitmart Securities, said about Paytm. Paytm's pre-IPO investors like Warren Buffet, SoftBank, Elevation Capital, Alibaba are long-term investors. SoftBank's Masayoshi Son is reportedly not in a hurry to exit from its investments like Paytm, PB Fintech, Delhivery. The investor doesn't want to trigger panic selling. Rahul Sharma, co-founder, Equi

Higher number of monthly users, additional payment devices and more disbursal of loans lifted the company's revenue to 16.8 billion rupees ($211.16 million), from 8.91 billion rupees last yea

Paytm Q1FY23 results: JPMorgan pegs net loss at Rs 672.3 crore, down from Rs 761 crore QoQ

The number of loans disbursed through our platform grew 492% y-o-y to 8.5 million loans in the quarter ending June 2022, while the value of loans disbursed grew 779% y-o-y to Rs 5,554 crore ($703 mn)

One97 Communication, the parent company of Paytm reported a loss of Rs. 780 in March quarter

Digital payments and financial services company Paytm on Sunday said it will seek a new general insurance license with a fresh application, aimed at gaining majority shareholding

Paytm continues to have market leadership by transaction volume

The company has also set aside Rs 300 crore for investing in growing the market for fantasy sports and other online gaming events during this financial year

The Noida-based firm also claimed it has narrowed losses 40 per cent year-on-year on account of optimisation of expenses which will help it become profitable by 2022

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