Paytm, the largest e-wallet company in India, which saw a drastic surge in user volume post-demonetization, has found itself embroiled in a controversy over its logo with the US-based PayPal, also a digitized payment system. Paypal claims that Paytm’s logo is ‘deceptively and confusingly similar’ to that of the global giant’s. PayPal further claims that Paytm is free-riding on the goodwill of PayPal. What is similar between the two logos is that the first syllable of both the logos is…
