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Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma

Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. 

Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023 quarter came on account of expansion in payments, financial services and commerce business.

“We are on our committed guidelines of becoming free cash flow…

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