Paytm founder Vijay Shekhar Sharma wants to fund a project that dispenses dog food in exchange for recycled plastic bottles, inspired by a similar initiative in Istanbul.

Paytm is laying off employees after RBI halted several operations of Paytm Payments Bank. Some workers were asked to "voluntarily resign" without notice, while others must return bonuses.

Paytm is reportedly entering the ride-hailing sector with its new auto-rickshaw booking feature via ONDC after receiving trouble over its banking service from RBI

Paytm has garnered global fame and has become India's leading digital payments and financial services firm.