[ad_1] MUMBAI: Paytm is betting on artificial intelligence (AI) and adding to its tech capabilities to build a leaner workforce and check employee costs, company executives said at its Q3 earnings call with analysts on Saturday. “…We are trying to add the capabilities of machines and systems…the systems and capabilities …
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Paytm Q3: Losses narrow; revenues up 38% year-on-year – Times of India
[ad_1] MUMBAI: One 97 Communications which owns finetch major Paytm on Friday reported a narrowing of losses to Rs 221 crore on a consolidated basis for the quarter ended December 2023. Net losses stood at Rs 392 crore in the year ago quarter.Revenue from operations during the quarter increased to …
Read More »Paytm Records Strong Revenue Growth Of 38% YoY, Improves PAT By Rs 170 Cr YoY
[ad_1] New Delhi: India’s leading mobile payments and financial services distribution company Paytm has announced its October-December quarter earnings showing a strong growth momentum led by higher subscription revenue, improvement in margin, and payments business revenue. The fintech giant’s revenue in Q3FY24 grew 38 percent year-on-year (YoY) to Rs 2,850 …
Read More »Shock & awe: AI blitz rings in new tech age amid layoff fears – Times of India
[ad_1] The year 2023 has been all about AI becoming mainstream. Before the launch of ChatGPT in late 2022, the AI age was something that seemed far away just like how electric cars did before that.Sam Altman-led Open AI’s ChatGPT tool, touted as the biggest thing that has happened to …
Read More »Paytm to curtail low-value personal loans after cenbank clampdown – Times of India
[ad_1] BENGALURU: Paytm will issue fewer sub-50,000-rupee (about $600) personal loans, the digital payments firm said on Wednesday, weeks after the central bank tightened rules on consumer lending after a surge in demand. The non-bank lender said it will expand its portfolio of higher-ticket personal and commercial loans to lower-risk …
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