Latest News on one97
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Jun 20, 2018
Paytm appoints former Reserve Bank of India deputy governor R Gandhi as advisorOne97 Communications, which runs Paytm, has appointed former RBI deputy governor Rama Subramaniam Gandhi as an advisor.
Jun 07, 2018
FDI inflows to India decline by $40 bn in 2017 from $44 bn in 2016; outflows more than double to $11 bn: ReportFDI inflows to South Asia contracted by 4 percent to $52 billion, owing to a drop in inflows to India
Apr 20, 2018
Mobile wallet companies witness spike in digital transactions amidst cash shortage in ATMs and banksA PhonePe spokesperson said the current cash shortage has led to a further spike in digital transactions on its platform.
Apr 03, 2018
SoftBank Group, Alibaba to invest around $445 million in Paytm Mall; valuation soars to $1.9 billionSoftBank Group is investing $400 million in Paytm E-Commerce Pvt. Ltd. in a funding round that will value the online retailer at roughly $1.9 billion
Mar 23, 2018
Visionaries or 'employeepreneurs'? India's tech unicorns hide weaknesses that deserve a hard lookDo post-1991 tech startups rooted in India deserve a treatment similar to what post-1947 steel or cement makers received?
Feb 16, 2018
WhatsApp digital payments: Paytm's Vijay Shekhar Sharma cries foul, alleges Facebook arm-twisted UPIWhatsApp, which has over 230 million users in India, has started testing payments through its platform in the country. India is the largest market for the messaging app.
Nov 01, 2017
WhatsApp to bring an in-chat payment system; likely to be launched by December: ReportThe expected WhatsApp payment system would be an in-chat payment system; where the user would be able to see a Rupee symbol. This symbol would be present in the attachment section alongwith location, contact, and pictures.
Sep 01, 2017
Paytm Payments Bank to partner with full-service banks for loan services and term depositsPayments banks are niche banks that were allowed by the Reserve Bank of India in a bid to expand access to financial services in Asia third-largest economy.
Jul 10, 2017
Paytm Mall set to hire 2,000 new personnel in 2017 to scale businessPaytm Mall recently raised USD 200 million from SAIF Partners and Alibaba Group Holdings to grow its business.
May 17, 2017
Paytm to commence payment bank operations from 23 May, to shift wallet biz to new coCurrently, Airtel and India Post are the only players that have started Payments Bank operations.