Paytm shares declined due to volatile market conditions, says Vijay Shekhar Sharma
Payments, according to the report, was the second-most popular category for US investors, as 167 companies received funding in 2021 in the APAC region.
Analysts expect Paytm's business to be affected owing to the ban
There will be no material impact on Paytm's customer acquisition, Vijay Shekhar Sharma, chairman, Paytm Payments Bank and founder & CEO of Paytm, tells Manojit Saha
In an interview with Reuters, Paytm CEO Vijay Shekhar Sharma said 'there is no access of any bank customer data to anyone, any investor'
Annual inspections by RBI found that the company's servers were sharing information with China-based entities that indirectly own a stake in Paytm Payments Bank, says a source
Paytm CEO Vijay Shekhar Sharma was arrested by the Delhi Police for allegedly ramming into a senior police official's car in February and later was released on bail
This is the third time that Vijay Shekhar Sharma-promoted Paytm Payments Bank (PPBL) is facing action from the banking regulator since its inception in May 2017
While those at Goldman Sachs have upgraded the stock to buy with a target price of Rs 1,460, analysts at Macquarie maintain an underperform rating with a 12-month target price of Rs 700 on the counter
Macquarie Capital has also expressed its concerns on the consistent reduction in the ticket size of Paytm's loans
Universal Acceptance Steering Group works on developing and recommending standards for languages script that are not currently used to access the internet
Dolat Capital Market has set a target price of Rs 2,500, which is 16% higher than the company's issue price
Digital payments, financial services firm Paytm is expecting to increase revenue and monetisation methods on its platform in the next few quarters.
Fintech major's non-UPI payment GMV grows by 52% in September quarter
Vijay Shekhar Sharma held a four-hour town hall to rally employees who had watched the company's stock plummet 27% on Thursday
Worst day 1 show among large IPOs
The slump is 'no indicator of the value of our company,' says Vijay Shekhar Sharma.
'My dream is to take the Paytm flag to San Francisco, New York, London,' says businessman estimated to be worth $2.4 billion.
Indian startups are not overpriced and "many are underestimating what India's opportunity will be," Vijay Shekhar Sharma, founder and Chief Executive Officer of Paytm said
Paytm plans to have "100 per cent flexible" working for its employees "for good", according to Sharma