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The surge was fueled by a 52 percent increase in non-UPI payment volumes (GMV) and a threefold increase in financial services.
On November 27, One 97 Communications, the company behind Paytm, announced a 64 percent increase in revenue from operations year over year (YoY) to Rs 10.9 billion in the second quarter of FY22.
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The surge was fueled by a 52 percent increase in non-UPI payment volumes (GMV) and a threefold increase in financial services.