New Delhi, June 29 -- Global brokerage Goldman Sachs has maintained a positive outlook on Paytm, raising its revenue and EBITDA estimates on the back of continued market share gains in payments and strong growth in financial services.

The brokerage said Paytm's valuation multiple has room to re-rate if the company sustains revenue growth of over 20 per cent.

It said it has increased its revenue estimates for Paytm by 2 per cent and EBITDA estimates by up to 6 per cent.

According to Goldman Sachs, Paytm continues to gain market share in payments while witnessing strong traction in its financial services business.

The brokerage expects this momentum to continue, supported by the company's ability to onboard online merchants again and fu...