Vijay Shekhar Sharma seeks to reset Paytm after IPO fiasco - Economic Times


7/28/2022 12:00:00 AM3 years 7 months ago
by Bloomberg

Describing his approach as a rewind-and-reset, Sharma is on a mission to win back investors. And hell have his hands full: Paytms operating losses widened over the past year to about $350 million, competition is intensifying and investors have lambasted the l…

Paytm was the poster boy for Indias tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industrys crash. Now its founder promises a sharpened focus on financi… [+5570 chars]

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