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Paytm registers revenue of Rs 8400 crore in FY23, losses drop to Rs 1776 crore
Founded by Vijay Shekhar Sharma in 2000, Paytm is a digital payments and financial tech platform with over 300 million Indian users. The Noida-based company serves 20 million merchants and offers services like online shopping, bill payments, and financial products such as loans and insurance. Paytm raised Rs 32,343.13 crore through 16 funding rounds, with Ant Financial holding 23% of shares.
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