Paytm’s claims about why Google kicked its app off the Play Store are misleading at best. Here’s what really happened.

If you believe that actions speak louder than words, now would be a good time to take a long, hard look at Paytm’s founder.

In the last one year, Paytm users have lost at least Rs 10 crore to frauds. At a complete loss to stem the scams and to save face, it is now going after telcos.

For Paytm, putting resources behind point-of-sale terminals is a waste of money and precious management bandwidth.

Paytm might not want to give up on e-commerce, but now would be a good time for it to stop throwing good money after bad.

The unicorn succeeded in its wallet business because its mission was to replace cash. The current organization is rudderless.