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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Cost-cutting measures and growth from a low base make Paytm’s numbers appear better than they are. What comes next will be closely watched by investors who now have other fintech bets to consider.
With Paytm’s September-quarter results out earlier this month, it appears the fintech major has finally redeemed itself in the eyes of investors. Two back-to-back profitable quarters, a jump in revenue, the stock doubling since March and an impressively growing merchant base. No wonder brokerages remain bullish, with some even raising the target price.
It seems everyone is betting on founder and chief executive Vijay Shekhar Sharma’s plan to turn around a business that fell on its face after a regulatory crackdown last year wiped out a third of its revenue. Against this background, the recent numbers do inspire confidence. Dig …
An NBFC licence and a string of approvals give the fintech firm a fresh shot at relevance. But patchy execution, intense competition and a stagnant core cast doubt on whether it can capitalize on the opportunity.
The fintech’s financial services business has done reasonably well in Q4 FY26. But upping its lending game without the NBFC tag will be a tall task.
The RBI’s unusually harsh order raises deeper questions about management credibility—and whether investors should take assurances at face value.
