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 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
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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

Paytm Mall shuts warehouses to cut costs

Shweta Sharma

One 97 Communications-owned ecommerce platform Paytm Mall is reducing costs associated with logistics by adopting an online-to-offline ....

12 August, 2019

Funding Roundup: Rebel Foods scores a big investor, Tiger bets on B2C as funding crosses $400 mn

Vijayakumar Pitchiah

In another busy week for dealmaking in India’s technology sector, as many startups scooped up a total of  $446.06 million ....

2 August, 2019

eBay buys 5.6% of Paytm E-Commerce for $160 mn

Vijayakumar Pitchiah

The US-headquartered ecommerce firm eBay will invest $160 million (Rs 1,102.53 crore at the current exchange rate) for a 5.59% ....

31 July, 2019
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Funding Roundup: Investments cross $400 million on the back of growth deals

Vijayakumar Pitchiah

Growth stage funding took center-stage again this week which saw a total of 21 deals worth more than $400 million being concluded. ....

19 July, 2019

eBay picks up 5.5% stake in Paytm Mall

Vijayakumar Pitchiah

US-headquartered ecommerce firm eBay Inc has picked up a 5.5% stake in ecommerce marketplace Paytm Mall for an undisclosed amount ....

18 July, 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

Reliance to disrupt e-commerce sector, Paytm Mall’s biz model unsustainable: Forrester

Om Athavale

The size of India's online retail market is likely to touch $85 billion by 2023, Massachusetts-based market research company ....

17 May, 2019
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Paytm Mall estimates fraud of up to Rs 10 crore in cashback scheme

Payal Ganguly

Paytm Mall, the online marketplace owned and operated by Paytm Ecommerce Pvt. Ltd, has estimated that the range of seller fraud ....

15 May, 2019

Is eBay the best bet for reviving Paytm Mall’s fortunes?

Binu Paul & Vijayakumar Pitchiah

The word on the street is that global e-commerce firm eBay Inc is mulling a third strategic bet on an Indian online marketplace ....

23 April, 2019

Paytm Mall may raise up to $200 mn from eBay; OYO makes first acquisition in China

Binu Paul

Paytm Mall is in talks with global e-commerce firm eBay Inc. to raise up to $200 million (Rs 1,380 crore at current exchange rate), ....

27 March, 2019

In numbers: Can Flipkart, Amazon sustain growth momentum after policy tweaks?

Vijayakumar Pitchiah

The underlying theme of India’s decision to revise the rules for foreign direct investment (FDI) in e-commerce was to force ....

5 February, 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

E-commerce firms in a fix after govt issues new norms for vendors

Payal Ganguly

E-commerce companies including market leaders Flipkart and Amazon were dealt a blow on Wednesday after the government barred them ....

26 December, 2018

Flashback 2018: Unicorns, Chinese cheques drive buzz in startup ecosystem

Binu Paul

India’s startup ecosystem took a long stride towards maturity this year, as several big-ticket acquisitions and funding ....

24 December, 2018

Will Paytm Mall’s new wholesale biz help it catch up with Flipkart, Amazon?

Vijayakumar Pitchiah

Paytm Mall is moving to take greater control of inventory on the e-commerce platform as it looks to bridge the gap with rivals ....

15 November, 2018

Paytm parent clocks five-fold rise in FY18 revenue, e-commerce arm’s loss balloons

Vijayakumar Pitchiah

One 97 Communications Ltd, the parent of digital payments and financial services firm Paytm, has clocked a nearly five-fold rise ....

29 October, 2018

Exclusive: Shopping platform Naaptol raises fresh funding after three-year gap

Vijayakumar Pitchiah

Naaptol Online Pvt. Ltd, which runs an omnichannel shopping platform, is on course to raise $15 million (around Rs 109 crore at ....

10 September, 2018