Paytm to add 4,000 hires by March 2027 in AI, merchant push; stock up 2.5%
Paytm will expand headcount by 10% to scale AI, merchant acquisition and financial services, even as 400 roles are cut post-appraisal. Shares rose 2.5% to ₹1,060 after four straight profitable quarters, though stock remains 50% below IPO and down 11% over the past month.
Paytm plans to hire 4,000 employees by March 2027 to boost AI, merchant expansion and financial services, while cutting 400 roles post-appraisal. Stock rose 2.5% as company posts four consecutive profitable quarters after RBI action on its banking unit.