IPO-bound Paytm narrows losses to Rs 1,701 cr, reduces expenses in FY21

Revenue from operations fell 14.5 per cent to Rs 2,802.41 crore during the year, according to the Ant Financial-backed company's annual report


According to Bernstein, the firm has an installed user base of about 350 million, 50 million active users, and over 20 million merchant users, while its payments bank has about 60 million accounts

New Delhi
As it readies for its initial public offering (IPO) later this year, digital payments firm Paytm is honing its strengths to remodel itself from being a payment wallet to becoming

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First Published: Jun 5 2021 | 3:27 PM IST

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