Paytm’s acquisition of general insurer Raheja QBE terminated as it overshoots the deadline

[Bilgin]

Paytm’s acquisition of general insurer Raheja QBE terminated as it overshoots the deadline Paytm’s lending business now has an annualized run rate of ₹20,000 crore. In April, the company disbursed 2.6 million loans through its platform worth ₹1,657 crore, or about $221 million