Paytm Invests

Paytm board okays share buyback worth Rs 850 crore at Rs 810 per share

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

Paytm's share buyback plan draws skepticism over growth prospects

While a buyback could help stem the rout in Paytm shares at least temporarily, investors are questioning the attempt to manage the stock price rather than putting the cash to use for business

Paytm stock crashes 11% to end at all-time low of Rs 477 a share

Macquarie report says the fintech firm could face headwinds with the entry of Jio Financial Services, which may focus on consumer and merchant lending, the mainstay of Paytm's business

Paytm Q1 preview: Net loss could narrow to Rs 646 cr on solid lending biz

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

Loan disbursements for Paytm up nine-fold to over Rs 5,550 crore

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)

Paytm CEO doubles commitment, aims Rs 200-cr investment fund by Dec

Paytm founder and CEO Vijay Shekhar Sharma on Tuesday said he has doubled his commitment for an investment fund being set up by alternative asset manager Root Ventures. Root Ventures expects to close the fund in December with a corpus of Rs 200 crore, according to its founder Japan Vyas. It plans to invest in "direct-to-consumer" brands that provide natural and organic categories, plant based protein, and healthy beverages like tea monk. "I am happy to increase my investment with Vyas and the team at Roots Ventures who have an investing track record of picking winners across business cycles over more than a decade," Sharma told PTI. Sharma added that right from his days when he invested in Paytm in 2010 or later when he bet on firms like RBL Bank, NSE, Indusind Bank, Veeba and Hindustan Foods, Vyas has been able to identify emerging trends and invest into them ahead of others. "Their low-profile investing style has held them in good stead even in their current fund which has weathe

Paytm to invest Rs 500 cr in tech startups to drive innovation, create jobs

The company said it expects to employ technology across the growing internet to become the dominant player in AI.

Paytm invests in Mumbai-based lending startup CreditMate

The fintech major did not disclose the investment amount