MobiKwik posts 116% rise in FY19 revenue; eyes swing to operating profit by 2019-end

Payal Ganguly

In its unaudited annual report, digital wallet company MobiKwik said that its gross revenues rose 116% to Rs 184.6 crore for the ....

20 May, 2019

Paytm partners with Citi to launch its first credit card

Om Athavale

Delhi-based One97 Communications’ digital payments platform Paytm has launched its first credit card, the Paytm First Card, ....

14 May, 2019
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Mobile banking grows but m-wallet growth slows in 2018-19

Payal Ganguly

The volume of mobile banking transactions jumped 230% to around 6.2 billion during the financial year 2018-19, Reserve Bank of ....

14 May, 2019

SoftBank books profit in FY19 thanks to investments in Flipkart, OYO

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank has reaped the fruit of its Indian investments in e-commerce firm Flipkart and budget ....

10 May, 2019

Paytm users can now avail of health content from fitness device maker GOQii

Om Athavale

GOQii Inc., which makes wearable fitness devices, has partnered with Paytm First, the premium subscription-based rewards and loyalty ....

7 May, 2019

Paytm president Bhushan Patil quits; Eupheus, Dunzo eye funding; LoanMeet shuts down

Kavya Kothiyal

Bhushan Patil, president of the country’s biggest digital payments company Paytm, owned by One97 Communications Ltd, has ....

6 May, 2019
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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

Amid limits and challenges, Paytm Payments Bank secures nod to cross-sell products

Payal Ganguly

Having secured the central bank’s approval to act as a cross-selling agent, Paytm Payments Bank will soon start marketing ....

3 April, 2019

Paytm likely to get $1.5-2 bn in fresh capital; PharmEasy may merge with Ascent

Binu Paul

One97 Communications Ltd, the parent company of digital payments firm Paytm, is raising $1.5-2 billion from its existing investors ....

28 March, 2019

PhonePe gets fresh infusion from parent as competition heats up

Vijayakumar Pitchiah

PhonePe, the digital payments arm of Walmart-owned e-commerce giant Flipkart, has received the first capital infusion of 2019 ....

22 March, 2019
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Paytm balloons to super app, walks in Flipkart's footsteps

Payal Ganguly

Paytm-owner One97 Communications has launched a customer loyalty programme called Paytm First comprising offers on its own services ....

5 March, 2019

Paytm-owned Nearbuy records lower net sales in FY18

Kavya Kothiyal

Nearbuy India Pvt. Ltd, which operates an online marketplace for offline neighbourhood deals, managed to pare its losses and expenditure ....

4 March, 2019

BharatPe in talks to raise fresh capital from Sequoia: Report

Kavya Kothiyal

Payments firm BharatPe, which services offline retailers and businesses, is in talks to close $17 million (Rs 122 crore at current ....

21 February, 2019

Paytm Money names former Amazon exec as CTO

Kavya Kothiyal

Paytm Money Ltd, the wealth management arm of digital payments company Paytm, has appointed Suresh Vasudevan as its chief technology ....

20 February, 2019

Profits to elude Paytm parent till 2021

Payal Ganguly

One97 Communications Ltd, which runs wallet firm Paytm, is likely to see its losses surge to Rs 2,100 crore for the financial ....

18 February, 2019

Paytm parent One97 Communications pledges assets to increase borrowing limit

Kavya Kothiyal

One97 Communications Ltd, the parent of digital payments firm Paytm, has pledged its assets to increase its borrowing limit from ....

15 February, 2019

Sustainable innovation, not jugaad, is key to entrepreneurship in India

Priya Kapadia

Every innovative tool or service we use today has been the result of a need felt by the consumer. Regardless of whether it was ....

4 February, 2019

Paytm forays into hotel booking business, acquires Nightstay

Binu Paul

Digital payments company Paytm has launched domestic hotel bookings on its platform and has acquired last-minute hotel bookings ....

30 January, 2019

Paytm Mall pivoting from consumers to merchants, rejigging management

Vijayakumar Pitchiah

Paytm Mall is pivoting from its consumer-facing business to wholesale and offline-to-online (O2O) segments, due to heightening ....

29 January, 2019

Paytm Mall not bowing out of e-commerce race, says Vijay Shekhar Sharma

Vijayakumar Pitchiah

Paytm founder and chief executive Vijay Shekhar Sharma has dismissed reports that the company plans to scale down Paytm Mall, ....

25 January, 2019

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