Paytm cuts losses 20% as e-pays fall

Paytm has started curbing expenditure amid the pandemic to extend its runway. The e-payments major — India’s most valued startup at $16 billion — has been cutting costs at a rate of 15-20% in the last two months, founder and CEO Vijay Shekhar Sharma told TOI in an exclusive interview earlier this month.

Leave a Reply

Your email address will not be published. Required fields are marked *