Swiggy to expand cloud kitchen operation; Paytm founder warns customers against spam calls, messages

Tanmay Tiwary

Online food delivery platform Swiggy is planning to invest Rs 75 crore to expand cloud kitchen operations. Swiggy to invest ....

21 November, 2019

Deal Talk: SoftBank gets tough with Paytm; Goqii seeks $100-150 mn; BigBasket to buy DailyNinja

Supriya Roy

After its misadventures with WeWork and Uber, SoftBank Group Corp seems to be taking precautions before putting more dollars to ....

14 November, 2019
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Deal Talk: Snapdeal pitches for $100 mn from SoftBank, others; Guesture seeks $50 mn

Supriya Roy

Well over three years after it was last able to attract capital, Jasper Infotech, the Delhi headquartered company that owns ecommerce ....

12 November, 2019

Mobikwik targets Rs 1,500 crore in loan disbursements for FY20

Payal Ganguly

Sequoia Capital-backed digital payments platform Mobikwik aims to disburse 1.2 million loans worth Rs 1,500 crore in the current ....

11 November, 2019

Paytm Mall narrows FY19 losses on the back of O2O strategy

Shashank Didmishe

Paytm E-Commerce, which owns online marketplace Paytm Mall, has narrowed its consolidated losses for the financial year 2018-19 ....

1 November, 2019

Walmart-owned PhonePe widens FY19 losses; raises $57 mn via rights issue

Shashank Didmishe

Walmart-owned digital payments firm PhonePe reported a three-fold growth in revenues for the financial year 2018-19 but the gain ....

30 October, 2019
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Google Payments India FY19 profit up 75%

Supriya Roy

Google Payments India reported a 75% increase in net profit at Rs 32.8 lakh for the year ended March 31, 2019 compared to Rs 18.7 ....

24 October, 2019

After Series C recharge, True Balance primes for full-scale fintech play

Payal Ganguly

After spending nearly a decade working with the Indian market, Cheolwon (Charlie) Lee decided to enter the mobile applications ....

21 October, 2019

Paytm to launch ad platform; Netflix, Amazon Prime in trouble over content

Supriya Roy

Paytm will launch a new advertising platform Paytm Ads. India is looking into the possibility of censoring content on online streaming ....

18 October, 2019

Flipkart, Paytm and Ola see changes in top management teams: Reports

Team TC

Ecommerce giant Flipkart, digital payments unicorn Paytm, ride-hailing service Ola and Ola Electric Mobility are witnessing changes ....

16 October, 2019
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Paytm has $260 mn in the bank, will reduce losses to $350-400 mn; Zomato co-founder Chaddah to enter mental fitness space

Tanmay Tiwary

Paytm CEO said the digital payments platform is looking at $0.5 trillion GTV. Chaddah is planning a fitness chain called Mindhouse. Paytm ....

14 October, 2019

E-tailers cross $1.8 bn in three days of festive sales

Supriya Roy

Mid-way through the six-day online shopping festive sales in India, ecommerce players like Amazon and Flipkart have crossed over ....

4 October, 2019

CCI raises concern over Hyundai- Kia’s $300 mn investment in Ola; Nitin Misra quits Paytm

Tanmay Tiwary

CCI raises concern over Hyundai- Kia investment in Ola The recently proposed $300 million investment in ride-hailing firm Ola ....

1 October, 2019

Deepak Abbot quits Paytm, Abhinav Kumar joins as vice president of product marketing

Payal Ganguly

Deepak Abbot, senior vice president of Paytm, has resigned from the company.  Abbot joined Paytm in the role in 2016, ....

27 September, 2019

Hyperlocal discovery platform Nearbuy CEO to step down

Team TC

Ankur Warikoo, co-founder and chief executive officer of Nearbuy, an online marketplace for offline neighbourhood deals, announced ....

27 September, 2019

Alibaba gets 33% stake in Ant Financial ahead of IPO

Payal Ganguly

Chinese retail and internet conglomerate Alibaba Group Holding has received approval from the country’s regulators for a ....

25 September, 2019

Amazon, Snapdeal, Paytm ramp up operations ahead of festive season

Shashank Didmishe

Ahead of the festive season sale, online retailers Amazon India and Snapdeal and fintech major Paytm have launched their own initiatives ....

24 September, 2019

Enterprise Tech Dispatch: Siemens Healthcare to use India as export hub, Huawei's AI and cloud play

Anirban Ghoshal

As the debate around the impact on jobs of emerging technologies in India rages on alongside developments such as Zomato cutting its ....

20 September, 2019

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

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