Do you guys think the Paytm fiasco will drive away foreign VC’s from investing in Indian fintech and how did Softbank sell its shares right before the mishap? Something’s fishy.
Can this Paytm fiasco be a move my Mota bhai (Mukesh Ambani) to acquire Paytm and integrate it into Jio Finance division? Jio had recently hired Zest Money’s original founders to lay foundational work for Jio’s own fintech play.
6 replies10 likes
Jayant Mundhra
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Dexter Capital Advisors • 9m
Paytm shareholders are ignoring this? 📛📛
The fintech giant was the only UPI app to be making money on UPI. And now that’s no more possible.
Here's all you should know!
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The thing is, NPCI (via Govt grants) compensates the banks to up keep the
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2 replies34 likes
Harsh Dwivedi
•
Medial • 7m
Top News of the Day:
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2. Paytm, the Indian fintech pioneer, reported its first-ever sales decline and warned
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