Paytm plans to slash losses by 1/3 to $400 million
India fintech sensation Paytm plans to reduce its losses by 1/3 to $400 million annually, according to The Times of India. Softbank and Alibaba-backed Paytm is India’s most valuable tech startup with a $10 billion valuation, but has been burning cash at a torrid clip for years, like many of…

