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A Paytm puzzle: where is its path to profit?

By Ranjani Raghavan

  • 20 Oct 2022
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A Paytm puzzle: where is its path to profit?
Credit: 123RF.com

On 18 November last year, Ruhani Garg, a tech consultant living in Gurugram, stayed glued to her phone. Over the course of the day, she watched in disbelief as the shares of One97 Communications Ltd, Paytm’s parent company, crashed 27% on the day of its listing. She asked her friends: ......

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