Bengaluru, Delhi and Hyderabad lead digital merchant payments; account for over 40% transactions in 2019: Report
Digital transactions are estimated to have grown by 338 percent from 2018 to 2019, according to the Razorpay report
Is PhonePe, the payments arm of Flipkart, the hidden gem in Walmart’s Indian crown with a valuation of $10 billion? Or is it something rather less dazzling?
Investments in Indian tech startups grew 18% in 2019; Delhi-NCR, Bengaluru account for lion's share of funds: Report
Globally, the total funding for technology startups is estimated to have dipped by 22 percent to $293 billion from $375 billion in 2018, with a 27 percent drop in deals
Flipkart fintech isn’t focussed on individual payments or UPI. It’s an affordability construct both for customers and sellers.
SoftBank-backed Paytm raises $660 mn from Alibaba arm Alipay, others; 2.6 mn shares to be allotted to investors
On 29 November, there were reports that Paytm was looking at raising another round of funding of $1 billion, and is in discussion with multiple investors, including former UK Prime Minister David Cameron.
Paytm had earlier this week announced a $1 billion (around Rs 7,173 crore) fund raise led by US-based asset management firm T Rowe Price
Daily Bulletin: Sri Lanka president Gotabaya Rajapaksa arrives in India; SC to hear petition challenging Maha Vikas Aghadi; day's top stories
Here are today's top stories: Sri Lankan President Gotabaya Rajapaksa to hold talks with Narendra Modi during maiden 3-day visit to India; Supreme Court to hear petition challenging Shiv Sena-NCP-Congress alliance today; and more
Paytm raises $1 bn from Japan’s SoftBank, China’s Ant Financial; plans to invest Rs 10,000 cr for expansion
When its rivals like Google Pay and PhonePe are spending massively on cashbacks, Paytm said it would use Rs 10,000 crore to add as many small merchants and businesses as possible into its fold.
The funding round valued Paytm at $16 bn, making it the second most valued Indian startup after Flipkart.
Paytm plans to invest Rs 500 cr in early-stage startups; to focus on AI-based tech, big data solutions for new innovations
Paytm said it expects to employ technology across the growing internet to become the dominant player in artificial intelligence.
PhonePe FY19 losses surge to Rs 1,905 cr amid battle against rivals Paytm, Google Pay; revenue jumps 331%
Flipkart-owned PhonePe has seen its losses mount to Rs 1,904.72 crore in 2018-19 from the previous fiscal, as it continues to battle against rivals like Paytm, Google Pay and Amazon Pay
Paytm founder Vijay Shekhar Sharma will take home a remuneration of Rs 3 crore this fiscal, as per regulatory filings
Ratan Tata to continue to invest in startups; reveals strategy to invest more on 'intuition' than numbers
Ever since his retirement in 2012, Tata has been aggressively investing in Indian startups through his private investment vehicle, RNT Associates
Paytm appoints Abhinav Kumar as Vice President-Product Marketing; will contribute to firm's next stage of growth, says Trivago posterboy
Also known as ‘Trivago Guy’ on social media, Abhinav is a digital marketing strategist and expert
OnePlus Pay is expected to compete with the likes of PayTM, Google Pay, PhonePe in India.
Delhi-NCR ahead of Bengaluru, Mumbai with over 7,000 start-ups, 10 unicorns, new biz valuation of around $50 bn: Report
Within Delhi-NCR, Delhi accounted for 4,491 start-ups, Gurugram 1,544 and Noida 1,004 new businesses.
Rana Kapoor in talks with Paytm's Vijay Shekhar Sharma to sell stake in Yes Bank for up to Rs 2,000 cr
Rana Kapoor, 62, his family members, and the investment firms they control own a 9.64 percent stake in Yes Bank
Paytm Money to invest Rs 250 cr over next two years to launch new investment products; elevates Pravin Jadhav as CEO
Paytm Money aims to become a full-stack investment and wealth management platform
Apple COO Jeff Williams said that this move will inspire confidence in the consumer.
Paytm valuation surges 25% to $15 billion in latest investment round; company aims to expand array of service offerings
On 16 August, Paytm had said it would invest Rs 750 crore to approximately double its monthly active user base on mobile to 250 million by March 2020.