Is Paytm declining?

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Is Paytm declining?

The company’s valuation has declined from ₹1.4 lakh crore at the offer price to ₹88,185 crore on Monday. “No one knows when the correction will end in Paytm as there are no reliable valuation models to value the new-age digital companies,” said Geojit Financial Services chief investment strategist VK Vijayakumar.

Is Paytm facing issue?

Paytm.com is UP and reachable by us.

Why is Paytm unsafe?

The reason for this is that as a platform, Paytm still remains the same sort of secure financial services platform that it was yesterday. The only thing that has changed is that the Android app for the platform has been found in violation of Google’s complex rules around online gambling, contests, and cash prizes.

Who is behind Paytm?

founder Vijay Shekhar Sharma
Bengaluru/Mumbai: Paytm’s founder Vijay Shekhar Sharma is synonymous with setting big goals and he isn’t shy about his grandiose ambitions. “Go big, or go home”, a sales slogan believed to have originated in the ’90s America, is an exhortation emblematic of what Sharma and Paytm stand for.

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Is Paytm in profit or loss?

Reporting its first quarterly results as a public company, Paytm said its net loss for the three months to September 30 widened 8\% from a year earlier to Rs 473 crore. Revenue from operations was Rs 1,086 crore, the Noida-based company said in a stock exchange filing.

How can I complain to Paytm?

You can call Paytm on their 24X7 helpline number: 0120-4456-456 to help resolve your queries. What is the UPI complaint number? You can reach out to the BHIM toll-free number 18001201740 or can call on the helpline number 022- 45414740 for any queries or complaints on your UPI transaction.

Is Paytm banned in India?

No, Paytm is not banned in India and it continues to remain operational in the country. Though the company has a substantial Chinese investment, it is not a Chinese company.

Which country uses Paytm?

Hello Dear, According to me, Paytm is working in India only. In March 2015, Paytm received its funding from Chinese e-commerce company Alibaba Group based in Hangzhou, China.

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Is zomato a loss?

Zomato, the online food delivery platform, on November 10 announced its July-September quarter results for the financial year 2021-22. The company reported a net loss of Rs 430 crore on a consolidated basis compared to a loss of Rs 230 crore in the same period of last year, an increase of 87 percent.