One97 Communications

Paytm 2018-19 annual report: Key takeaways

Payal Ganguly

One97 Communications, the parent entity of digital payments company Paytm, reported a consolidated net loss of Rs 4,217.20 crore ....

12 September, 2019

Paytm Entertainment raises Rs 31.68 cr from parent One97 Communications

Shweta Sharma

Paytm Entertainment has raised Rs 31.68 crore in a fresh round of capital infusion from parent entity Noida-based One97 Communications.  A ....

11 September, 2019
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Paytm consolidated net loss up 162% at Rs 4,217 cr on increased competition, higher capital expenditure

Team TC

Paytm reported a 162% increase in consolidated net loss at Rs 4,217 crore for the financial year ended March 31, 2019 due to increased ....

10 September, 2019

Paytm targets 250 mn monthly active users, to invest Rs 750 cr

Team TC

Digital payments unicorn Paytm is now targeting 250 million monthly active users on its app.   Noida-based One97 Communications, ....

16 August, 2019

Bike taxi startup Rapido to raise $50 mn; Paytm Mall cuts ties with parent entity

Team TC

Bike-taxi startup to raise $50 million. Paytm Mall cuts ties with One97 Communications.  Shunwei, Westbridge Capital to ....

13 August, 2019

Ola, Uber told to stop ride-pooling in Bengaluru; Paytm Mall controls cash burn

Om Athavale

The transport commissioner of Karnataka has ordered cab aggregators Ola and Uber to immediately withdraw their ride-pooling feature, ....

1 July, 2019
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Paytm aims for QR code adoption in small towns with $36 mn spend this year

Kavya Kothiyal

Digital payments unicorn Paytm said it will invest Rs 250 crore (around $36 million at current exchange rate) for the expansion ....

12 June, 2019

Paytm clocks over $50 bn across 5.5 bn transactions for 2018-19

Binu Paul

Digital payments unicorn Paytm has achieved gross transaction value (GTV) of over $50 billion from 5.5 billion transactions in ....

6 June, 2019

Paytm claims leadership in payment gateway market with over 50% share

Om Athavale

One97 Communications, which operates digital payments unicorn Paytm, said on Friday that it is leading the payment gateway (PG) ....

31 May, 2019

Paytm now offers online merchants recurring payment option

Shweta Sharma

Noida-based digital payments company Paytm, owned by One97 Communications Ltd, has launched a recurring payment offering for its ....

29 April, 2019
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Paytm to step up overseas expansion this year

Reuters

Digital payments company Paytm is considering foraying into 1-2 more developed markets in 2019, Chief Financial Officer Madhur ....

24 January, 2019

Warren Buffett's Berkshire Hathaway bets on Paytm

Anand J

Billionaire Warren Buffett-led multinational conglomerate Berkshire Hathaway has picked up a stake in One97 Communications Ltd, ....

27 August, 2018

Paytm-backed mobile gaming platform Gamepind appoints COO

Kavya Kothiyal

Mobile gaming platform Gamepind has appointed Sudhanshu Gupta, a former executive at digital wallet firm Paytm, as its chief operating ....

13 August, 2018

What prompted Paytm to roll back 2% fee on wallet top-up via credit cards?

Arti Singh

India's top digital wallet Paytm on Thursday reversed the 2% levy on top-ups via credit cards it had introduced a day earlier, ....

10 March, 2017

Anil Ambani's Reliance Capital sells its stake in Paytm for $41 mn

Arti Singh

Anil Ambani-controlled Reliance Capital Ltd has sold its nearly 1% stake in digital wallet company Paytm for Rs 275 crore ($41 ....

7 March, 2017

Paytm E-Commerce set to raise $252 mn in round led by Alibaba

Arti Singh

Paytm E-Commerce Pvt. Ltd, the online marketplace arm of One97 Communications, is set to raise $200-252 million (Rs 1,350-1,700 ....

3 February, 2017

Paytm Payments Bank gets RBI's final approval

Arti Singh

Digital payments firm Paytm has finally got regulatory approval to launch its much-awaited payments bank. "Today, the Reserve ....

3 January, 2017

Amazon plans Singapore launch in early 2017

Dearton Thomas Hector

American online retail giant Amazon.com Inc. is reportedly trying to establish its presence in Singapore, in what could be a step ....

3 November, 2016

Paytm appoints ex-Citigroup executive Madhur Deora as CFO

Disha Sharma

Mobile payment and e-commerce company Paytm, owned by One97 Communications has appointed former Citigroup executive Madhur Deora ....

6 October, 2016

Paytm unveils m-com marketplace strapped with a messenger to connect and bargain with vendors

Sainul K

Paytm, a digital goods and services marketplace from Noida-headquartered One97 Communications Ltd, has taken the wraps off its ....

6 February, 2014

One97 Communications launching m-commerce marketplace on Paytm app

Sainul K

Noida-based mobile internet firm One97 Communications Ltd is launching a mobile-only marketplace where users will be able to purchase ....

16 January, 2014