Startup And Fundraising 16 September 2026
Paytm Confident of Profitability Without MDR or Govt Aid
Paytm chief Vijay Shekhar Sharma said the company will stay profitable even if the government eliminates the merchant discount rate and provides no financial grants or regulatory support. He emphasized that Paytm’s business model relies on its core payment services and ecosystem growth rather than subsidies, and the firm will continue to focus on scaling its financial products and digital payments platform to sustain earnings.
Paytm CEO Vijay Shekhar Sharma told reporters the company will remain profitable even without the merchant discount rate (MDR) and without any government grants.
- Profitability is driven by core payment services, not subsidies.
- The firm will double‑down on scaling payments, financial products, and its broader ecosystem.
Read the full statement on Economic Times.
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