![]() So why is that? Why a loss making company is valued so much. That went to 3000 in FY 2020 and then to 7000 crore.Įven though the losses are declining, this doesn't hide the fact that the company is not earning at all. The startup has losses of about 4000 crore in FY 2019. Paytm has been a loss making startup for a long time now. Paytm is now listing to raise 18,000 crores rupees. Previously it was Coal India which raised about 15,000 crores. It is now the biggest IPO ever in the history of the stock market in India. Investors all around the world were excited. It recently was listed in the stock market. This is such a behemoth task but the digital payments provider is not looking backwards. Taking most of all the transactions happening in the country and enabling them digitally is an almost impossible thought. The goal as the company mentions is to get unregulated businesses in the economy to the mainstream economy. That's not all, the Paytm app is used to pay bills, Send money, do Recharges to friends & family, Travel tickets & Book movies. This is because more than 300 million Indians use Paytm to pay at daily stores. Today, to the north of the 20 Million mark, merchants & businesses are powered by Paytm to Accept Payments digitally. Not only this, Paytm started the digital revolution in India.įrom that, they became the leading payments app in the second most populous country in the world. Not to mention the immense support that the company is being provided by the government. It is a leading digital payments company that is digitalizing India. Paytm is a name that needs no introduction. This is a good boost for online digital payments companies, UPI (unified payments methods) and the like. A Brief about Paytm For example, in India the government is promoting digital payments after the demonetisation. It is hugely automated and also supported by countries' governments. ![]() With gaps blurring between sectors, the financial sector is the next most diffusing sector. So much so that I would say that every company is a technological company now. You won’t ask the reason for this, because you probably know it already.Īs the technology sector is rising, lines between companies are blurring. This could be named as the word of the decade. Have you heard this term before? Fin-tech is a word derived from amalgamation of finance and technology. What should you do if you have bought Paytm's Share? Read on to see through.Īnticipated Reasons for the Downfall of Paytm IPO This is the article about that failure and the behemoth PayTM. A recent hot chase was the huge Paytm IPO. There is an intrinsic trait of IPOs that interests everyone. ![]() Chasing IPOs is another fad for some young investors. Getting into stock markets has been a fad for more than a year now. Not to mention how the “financial freedom” phrase gained momentum recently. All these are examples of people trying to create some more income. How everyone is hoping to get that IPO allotment. ![]() ![]() How stock market participants are rising. How people all over the internet are making portfolios. If you look into the recent past you will notice how ‘investing’ as a domain has risen many folds. Some do business and others work for other businesses. So to amass more of it, we people do many sorts of things. And mark my words, “freedom” is the ultimate flex. The more you have it, the more free you will(feel) be. Speaking of resources, one of the most important resources is money. You need to do something to make your life a smooth sail. It is important to note here that peace and comfort are not googleable. Leading a comfortable life is not easy if you don't have some resources. The intrinsic need of every human is to live a comfortable life. ![]()
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