The company has been revamping its business after Indian regulators targeted its banking affiliate two years ago. Read more at straitstimes.com. Read more at straitstimes.com.

Paytm plans to hire 4,000 employees in AI and merchant expansion while cutting 400 roles amid restructuring efforts.

The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its staff, or about 400 people, after the…