Vijay Shekhar Sharma

InBrief: Value of UPI transactions dip marginally in November 2019, Paytm to seek small finance bank licence

Tanmay Tiwary

The value of Unified Payments Interface (UPI) transactions for the month of November stood at Rs  1,89,224 crore, as compared ....

2 December, 2019

T Rowe Price joins SoftBank, Ant Financial in Paytm funding round

Payal Ganguly

Paytm, the digital payments platform owned by One97 Communications, raised a fresh round of capital from existing and new investors, ....

25 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

Exclusive: Accel founder Jim Swartz backs journalist Josy Joseph’s stealth mode media startup

Binu Paul

Delhi-based investigative journalist Josy Joseph has raised commitments for a seed funding round from Accel founder Jim Swartz, ....

4 November, 2019

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

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
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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 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

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
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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 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

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

Roots Ventures ropes in Paytm’s Vijay Shekhar Sharma as anchor investor

Vijayakumar Pitchiah

Mumbai-based sector-agnostic investment firm Roots Ventures has roped in Paytm founder and CEO Vijayshekhar Sharma as an anchor ....

27 June, 2019

Paytm aims for QR code adoption in small towns with $36 mn spend this year

Kavya Kothiyal

Digital payments unicorn Paytm said it will invest Rs 250 crore (around $36 million at current exchange rate) for the expansion ....

12 June, 2019

Paytm clocks over $50 bn across 5.5 bn transactions for 2018-19

Binu Paul

Digital payments unicorn Paytm has achieved gross transaction value (GTV) of over $50 billion from 5.5 billion transactions in ....

6 June, 2019

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

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

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