A Look Into Paytm’s $6 Billion Rally
4 min readJun 25, 2023
A story of network effects and payment ecosystems in the world’s most populous country
Earlier this week, India’s leading payments app, Paytm, made global headlines surrounding its $6 Billion rally. Surpassing Nasdaq 100’s 38% growth this year, the Indian unicorn has rallied 69% and seems to be a favourite amongst users and analysts alike.