Listen: Zomato, Swiggy meet NRAI; Premji sells Wipro shares; AWS and edtech startups

Shweta Sharma & Payal Ganguly & Anirban Ghoshal

In this episode of TechThisWeek #TTW we talk about Zomato and Swiggy and their bid to find a middle ground with restaurant owners, ....

13 September, 2019

Deal Roundup: InMobi’s Glance gets Peter Thiel’s attention; another quiet week for startup funding

Team TC

In a relatively quiet week, in terms of the number of deals in India’s technology startup funding market, logistics unicorn ....

13 September, 2019
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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 founder backs spacetech startup Kawa Space

Payal Ganguly

Mumbai-headquartered Kawa Space, which designs and operates earth observation satellites, has raised an undisclosed amount of ....

10 September, 2019

Era ends at Alibaba as Jack Ma steps down

Shweta Sharma

Jack Ma stepped down as chairman of Chinese retail behemoth Alibaba today, and the ecommerce conglomerate will now be run by chief ....

10 September, 2019

Paytm may buy stake in Yes Bank; Govt considering linking social media accounts to Aadhaar

Team TC

One97 Communications, which runs digital payments platform Paytm, is in talks to pick up stake in Yes Bank. NITI Aayog ropes in ....

10 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 to introduce tuition fee insurance and debit cards for students

Team TC

Digital payments platform Paytm will introduce services like insurance for tuition fees and debit cards for students. The payments ....

6 September, 2019

Alibaba’s UCWeb to tap into India’s ecommerce growth story with a recommendation engine: Report

Binu Paul

Chinese Internet giant Alibaba-owned UCWeb is preparing to establish an indirect presence in India’s ecommerce market with ....

6 September, 2019

Paytm, Flipkart strengthen top management team

Payal Ganguly

Digital payments company Paytm and Walmart-owned ecommerce major Flipkart have announced key appointments to strengthen their ....

5 September, 2019
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Paytm Money promotes Pravin Jadhav as MD, CEO

Shweta Sharma

Paytm Money, the wealth management arm of digital payments company Paytm, has promoted Pravin Jadhav, currently its whole-time ....

3 September, 2019

Amazon moves SC against direct sellers; Paytm to start healthcare payment biz

Team TC

Ecommerce platform Amazon moves Supreme Court against direct sellers Amway, Oriflame and Modicare. Paytm is all set to enter the ....

28 August, 2019

Paytm appoints former Goldman Sachs exec Amit Nayyar as president to lead financial services

Vijayakumar Pitchiah

Digital payments unicorn Paytm has hired former Goldman Sachs executive Amit Nayyar as the president of its financial services ....

27 August, 2019

Paytm says valuation up 25% to $15 bn; startups with Rs 25 cr+ turnover may have to pay income tax

Team TC

Paytm staff sold shares worth $150 million, valuing the company at $15 billion, according to founder Vijay Sharma. Indian startups ....

22 August, 2019

Paytm parent backs B2B food business HungerBox

Payal Ganguly

Bengaluru-based cafeteria services and vendor management platform HungerBox, owned by Eatgood Technologies, has raised Rs 15.99 ....

21 August, 2019

Naspers-owned PayU may acquire PaySense; Walmart in talks with Tatas to expand India presence

Team TC

Naspers-owned payment solutions provider PayU, which acquired  US-based fintech firm Wibmo for $70 million in April, is now ....

21 August, 2019

Paytm promotes Madhur Deora as president to lead consumer biz

Shweta Sharma

Digital payments unicorn Paytm has promoted its chief financial officer and senior vice president Madhur Deora as president, it ....

19 August, 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

Uber may launch bus services soon; Zomato fires customer support employees

Team TC

SoftBank-backed payments firm Paytm saw a drop in UPI transactions during the month of July, even as overall UPI transactions ....

8 August, 2019

Alibaba-Paytm gaming JV to raise $25 mn, expand gaming platform

Team TC

Paytm First Games, a joint venture between Alibaba-owned AGTech Holdings and SoftBank-based payments platform Paytm, is in talks ....

2 August, 2019

Naspers to lead fresh funding round in Swiggy; Cipla to back Medlife

Team TC

Online food delivery startup Swiggy is close to raising $750 million in a funding round led by Naspers. US retail behemoth Walmart ....

2 August, 2019