Paytm posts first net income after selling assets to Zomato
Paytm, under One 97 Communications Ltd, reported its first-ever net income of 9.3 billion rupees in Q2, aided by a sale of its events business and despite regulatory challenges. The fintech firm, facing stiff competition and regulatory setbacks, is refocusing on core areas like payments and loans after a workforce trim and restructured operations.
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Paytm, under One 97 Communications Ltd, reported its first-ever net income of 9.3 billion rupees in Q2, aided by a sale of its events business and despite regulatory challenges. The fintech firm, facing stiff competition and regulatory setbacks, is refocusing on core areas like payments and loans after a workforce trim and restructured operations. 
