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SoftBank-backed Paytm raises $660 million
This is part of SoftBank-backed Paytm's $1 billion fund raising last month from the Japanese tech investment giant and other backers such as Ant Financial and T Rowe Price Associates, which valued the company at $16 billion.
Paytm payments bank eyes small fin model
Sharma said the payments bank will approach the government and the banking regulator for a small fin...
FASTags must for all cars from December 15. Here's how you can buy, recharge
With the help of a FASTag, you will not have to stop your vehicl...
Aadhaar enabled payment system growth slows in FY20
AePS facilitates cashless transactions through biometric authentication. According to NPCI, which runs the platform, biometric-based transactions grew by 10% to 208 million transactions in October 2019 from 189 million in April. October usually sees high transactions because of the festive season and higher remittance from urban to rural areas.
Flipkart-owned PhonePe receives Rs 585.6 cr infusion from parent firm
PhonePe has seen its losses mount to Rs 1,904.72 crore in 2018-19 from a loss of Rs 791.03 crore for the year ended March 2018. However, its revenue from operations rose manifold to Rs 184.22 crore in 2018-19 as against Rs 42.79 crore a year ago.
Late-stage Indian startups bulk up its boards with independent hands
Oyo, Ola, Freshworks, Flipkart and Paytm are mong leading home-grown tech ventures that have brought in industry veterans to address compliance and governance issues.
Suspension of SMS facility in Kashmir affects services of several sectors
"We used to get details like balance, statement, credit or debit details through the SMSes, but since four months, we have not been receiving them. This has caused a lot of inconvenience as we depended on these services," Owais Ahmad, a resident of Ganderbal said.
Pichai's appointment as Alphabet CEO leaves India Inc thrilled; Mahindra, Paytm boss can't keep calm
Pichai was earlier a Product Chief at Google and was elevated to the CEO's role in 2016.
Paytm in talks to raise another USD 1 billion funding: Sources
Paytm had earlier this week announced a USD 1 billion (around Rs 7,173 crore) fund raise led by US-based asset management firm T Rowe Price. Existing investors Alibaba, Softbank and Discovery Capital had also participated in the funding round.
How to buy FASTag, recharge it using Paytm
FASTags are issued by 22 certified banks through various channels such as Point-of-Sale (POS) at National Highway toll plazas and select bank branches, e-commerce platforms like Amazon and mobile wallets like Paytm.
Buffett's firm to largest DII, all hooked to India’s grey market: Here’s what’s buzzing
Here are some of the names that have kept the grey market abuzz over past few weeks.
UPI market share cap in limbo
The issue might only be picked up later next year as WhatsApp's payments ambitions have virtually been thwarted.
Twitter boards Paytm’s app
As part of efforts to convert itself into a super app, Paytm is adding content — news, astrology to trending content on Twitter — into the Paytm Inbox, Siddharth Pandey, VP of Paytm, said.
Paytm gets $1 billion topup in latest financing round
Paytm said it has raised $1 bn in financing round led by T Rowe Price with Ant and SoftBank also participating.
Govt asks Snapdeal, Paytm Mall to give business details
The government had last month asked top two e-commerce firms Flipkart and Amazon to share details of their top five sellers and total business quantum for each seller, variations of commission agreements they have with various sellers, and how investments from their parents are disbursed.
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