Fintech giant Paytm on Monday said it is investing in AI to build an Artificial General Intelligence software stack. In the annual report for FY23, the company’s CEO Vijay Shekar Sharma said Paytm pioneered mobile payments in India and led mass adoption with innovations like QR Codes and Soundbox. He said Paytm’s next contribution will … Read more
Fintech major Paytm‘s consolidated net loss narrowed to Rs 357 crore for the quarter ended June. It was Rs 644 crore in the year-ago period. However, the loss has widened when compared with Rs 168 crore reported in the preceding March quarter. Revenue from operations during the quarter rose 39% to Rs 2,342 crore as … Read more
In its upcoming semi-annual list of stocks, Association of Mutual Funds in India (AMFI) is highly likely to downgrade and One 97 Communication ( Paytm) from largecap to midcap category, according to a report by . The AMFI rejig will majorly be classified by size, taking into account data from July to December 2022. This … Read more