Paytm has got customers by way of cashbacks, not by rendering services: Aditya Puri

The remarks come amid a steep decline in Paytm's shares, which are now trading 75 per cent lower than the price at which investors bought them at the initial public offering. This is not the first time that Puri has gone public with his concerns on the models of such companies.

from Banking/Finance-Industry-Economic Times https://ift.tt/hsyU7fo