Will Vijay Shekhar Sharma be able to revive the company in next 6 months or Paytm will lose its existence among upi customers ???
Highly unlikely especially with regulators on their back. They don’t seem to have a business model. Payments bank was a promising model where they could have made money and could have targeted to become a small finance bank in the long run. But that now seems impossible with RBIs statement.
And for the upi they might still provide the services via third party banks like how google pay does unless RBI raises concerns. Upi alone is not a profitable venture, it remains free for now and there is too much competition. I once tried to buy a platform ticket using payment upi they added a charge. I quickly switched to Gpay to complete the payment without additional charge.
*paytm upi
PayTm was trying to become a super app in the financial services industry they ventured into everything right from Mutual funds to payments bank. I think this is the main reason for their downfall they tried to build everything and in that process they did not focus on regulation.
No this is not the reason
Regulations were deliberately put on a back seat because they hurt the business in some way. What hurts Paytm is that while trying to do too many things all at the same time and quickly they forget to focus on the quality of the service or the product.
Honestly, most business (other than wallet and fastag) is safe. Turn around will begin as soon as lending (through NBFCs) is restarted.
There is enough and more love for Paytm amongst customers and merchants.
Name of company Months left according to you Reason
For me:
Byjus 7-8 months max Selling tabs and doing fraud with poor parents In name of edtech doesn't work
