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Companies Finance News

Paytm’s Payments Revenue Grows 28% YoY To Rs 1,524 Cr, Payments Profitability Improves

India’s leading payments and financial services company and pioneer of QR, Soundbox and mobile payments, Paytm has announced strong June quarter earnings driven by increase in merchants subscription revenues, merchant payment volumes and loan disbursals. In Q2FY24, the company’s revenue surged by 32 per cent YoY to Rs 2,519 crore and its EBITDA before ESOP […]

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Brands Companies E-commerce & Marketplaces Food & Beverage. News

Swiggy Disburses Over Rs 450 Cr In Loans To Restaurant Partners

Swiggy, the online food delivery platform, announced on Tuesday that it has facilitated the disbursal of over Rs 450 crore in loans to more than 8,000 restaurant owners through its capital assist programme. Launched in 2017, this pioneering initiative addresses the financing gap and empowers restaurant owners. According to the company’s statement, over 8,000 restaurants […]

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