Revenue from operations of Paytm FY 2017-2024
The revenue from operations for Paytm in fiscal year 2024 stood at around over 99 billion Indian rupees. This value was a significant increase from previous year. Paytm, a popular digital payment app is a subsidiary of One97 Communications.
The company was forced to close down Paytm Payments Bank by India's banking regulatory body early in 2024, forcing it to find new partnerships with other lenders. This was done to regain its status as a payments aggregator from the Reserve Bank of India.