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Home News Business

Paytm’s revenue has risen to Rs 3,729 crore

Bijaya Laxmi by Bijaya Laxmi
September 5, 2020
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Paytm’s revenue has risen to Rs 3,729 crore
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New Delhi: As the acceptance of digital transactions in the country has increased, Paytm has generated revenue of Rs 3,729 crore in the financial year 2024-20. In addition, the company has managed to reduce its losses by 40 percent. Paytm, which provides digital financial services, has also launched property management and insurance services. This will help increase the company’s revenue. Paytm has sold more than two lakh Android POS4 machines. Their use in small and medium-sized enterprises and grocery stores has increased. 1.6 crore shops have been added to the company. The company plans to hire more than 10,000 people soon as engineers, data scientists, financial analysts and others.

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