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Paytm dumping capital to gain customers: Bipin Preet Singh, Mobikwik CEO

His barbs were aimed at sector leader Paytm in which global e-commerce major Alibaba has a stake about 40%


Karan Choudhury  |  New Delhi 

Bipin Preet Singh, Mobikwik CEO
Bipin Preet Singh, Mobikwik CEO

Even as demonetisation is throwing up opportunities for e-wallets and the competition in the sector is stiffening, founder and Chief Executive Officer Bipin Preet Singh on Tuesday said Paytm, the largest player in the sector, has been “dumping capital” to gain customers.



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First Published: Wed, December 14 2016. 01:13 IST