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

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
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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
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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
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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

Paytm-backed Loginext looks to buy field-force digitisation platform FieldEZ

Payal Ganguly

Paytm-backed logistics management software provider Loginext Solutions Pvt. Ltd is in advanced talks to acquire India- and US-based ....

18 January, 2019

Paytm to enter crowded OTT space, forms content partnerships

Payal Ganguly

Digital payments company Paytm is entering the over the top (OTT) space with video partnerships, a report in The Economic Times ....

14 January, 2019

Amazon Pay rolls out doorstep KYC verification for wallet users

Payal Ganguly

Amazon Pay has started making doorstep visits to verify its users’ Know Your Customer (KYC) details. The digital wallet ....

11 January, 2019

Jio, Paytm support lawful interception of messages on OTT platforms

Payal Ganguly

Telecom company Reliance Jio and Alibaba-backed digital wallet firm Paytm are in favour of lawful interception of messages sent ....

10 January, 2019

Amazon testing its own UPI handle for new payments product: Report

Vijayakumar Pitchiah

The payments arm of Amazon India has started testing its native unified payments interface (UPI) handle with a closed user group, ....

9 January, 2019

PayPal India posts 12 times increase in revenue for FY18, loss up a bit

Dearton Thomas Hector

PayPal Payments Pvt. Ltd, the Indian arm of US-based digital payments company PayPal Holdings Inc., posted a little over 12 times ....

3 January, 2019

Flashback 2018: Fintech segment continues to enjoy the purple patch

Vijayakumar Pitchiah & Kavya Kothiyal

India's nascent but fast-growing fintech sector recorded another year of success in terms of funding and entrepreneurial activity, ....

31 December, 2018

Flashback 2018: From Bansals to unsung founders, meet the year’s movers and shakers

Team TC

The Indian startup ecosystem’s top newsmakers this year were a combination of usual suspects and surprise packages. From ....

31 December, 2018

Flashback 2018: Flipkart steals the show as e-commerce dominates M&A activity

Kavya Kothiyal

When it comes to M&A deals, Flipkart undoubtedly stands out as the Indian startup ecosystem’s greatest success -- not ....

26 December, 2018