Paytm's net loss widens to $63.2m in Sept quarter on rising expenses

Paytm's net loss widens to $63.2m in Sept quarter on rising expenses

Advertisements of Paytm, a digital wallet company, are seen placed at stalls of roadside vegetable vendors in Mumbai, India, November 19, 2016. REUTERS/Shailesh Andrade

India’s One 97 Communications Ltd, the parent of fintech firm Paytm, said on Saturday its net loss for the three months through September widened by 8.4% as expenses rose.