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Paytm has experienced a significant decline in its UPI market share, dropping by 5 percentage points over the past year, as reported in the Tech 3 newsletter. This decline has been consistent for the past three months. Additionally, Paytm's lending business is facing challenges, highlighted by the resignation of its President Bhavesh Gupta and the departure of two more top-level executives, including CBOs. These developments indicate broader issues within the company's financial services operations.
ETtech Top 5 | Digit #IPO coming soon; TCS’ Krithivasan earnings Also in this letter: ■ Uber's India driver count hits a million ■ #UPI providers bat for transaction fee ■ Google’s defence in antitrust case https://t.co/8MxfuQIRTg
ETtech Top 5 | Digit IPO coming soon; TCS’ Krithivasan earnings Also in this letter: ■ Uber's India driver count hits a million ■ #UPI providers bat for transaction fee ■ Google’s defence in antitrust case https://t.co/8MxfuQIRTg
🚨 Tech 3 Today Just In: Groww flips back to India One quick thing: TCS CEO K Krithivasan earned Rs 25.36 crore in FY24 In today’s newsletter: Byju's ditches pushy sales tactics Homestyle food back on Swiggy's menu Now, book an auto on Paytm via ONDC P.S. Akshaya…
