The new funding will help Vahan develop artificial intelligence recruitment technology that can support eight major Indian languages
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Reserve Bank of India had rejected Paytm's PA license permit application in November 2022
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Revenue from financial services amounted to Rs 280 crore, while revenue from marketing services was Rs 321 crore
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Softbank had declared its intention to exit Paytm within 24 months following the IPO, a move that was consistent with its plans, although it anticipated a loss at the time, as per media reports
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