Get the latest tech news

Paytm loss widens and revenue shrinks as it grapples with regulatory clampdown


Paytm's loss widened even as revenue declined by 36% year-on-year as the once-poster star of Indian startup ecosystem continues to grapple with the Paytm losses more than double as revenue plunges 36% amid RBI crackdown.

J. Michael Cline, the co-founder of Fandango and multiple other startups over his multi-decade career, died after falling from a Manhattan hotel, New York’s Deputy Commissioner of Public Information tells… The automotive industry is in the midst of dramatic technological change as companies seek out new ways to make money beyond building and selling gas-powered cars. Amazon’s Prime Day event clocked record sales this year, as U.S. consumers spent $14.2 billion across July 16 and 17, according to Adobe Analytics.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of regulatory clampdown

regulatory clampdown

Photo of Paytm loss

Paytm loss

Photo of revenue shrinks

revenue shrinks

Related news:

News photo

Paytm warns of job cuts as losses swell after RBI clampdown