Paytm on Wednesday announced that the company would turn off its cash burn, while the company's founder revealed that the payments firm was "far ahead" on re-setting its strategy. Softbank-backed Paytm said last month that it plans to become free cash flow positive in the next 12-18 months.
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/ Paytm CEO Vijay Shekhar Sharma Declares End of Cash Burn Ahead of Firm's Plans to Turn Cash Flow Positive
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