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Indian fintech payment firms have no data advantage over banks: Moody’s

Indian fintech payment firms have no data advantage over banks: Moody’s

🕔16:44, 17.Mar 2022

As the Reserve Bank of India (RBI) barred Paytm from taking on new customers for its Payments Bank, a new report on Thursday said that fintech platforms’ dominance in digital payments may not result in a significant data advantage over

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Paytm Q3 results: Revenue up by 89% to Rs 1,456cr, losses reducing while financial services ramps up rapidly

Paytm Q3 results: Revenue up by 89% to Rs 1,456cr, losses reducing while financial services ramps up rapidly

🕔11:00, 6.Feb 2022

New Delhi, Feb 6 (IANS) One97 Communications Limited, which Paytm, Indias leading digital payments and financial services company, has shared its Q3 FY2022 results. During the October-December quarter, the company saw its revenues jump by 89 per cent y-o-y to Rs

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Paytm’s Madhur Deora gets additional role as CFO of One97 Communications

Paytm’s Madhur Deora gets additional role as CFO of One97 Communications

🕔07:13, 28.Jan 2022

New Delhi, Jan 28 (IANS) Paytm, India’s leading digital payments and financial services platform, has elevated Madhur Deora to take on the additional responsibility as the CFO of One97 Communications Limited. Currently, Deora holds the role of the company’s Group President

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Swiggy raises $700 mn, becomes 5th Indian decacron

Swiggy raises $700 mn, becomes 5th Indian decacron

🕔17:37, 24.Jan 2022

New Delhi, Jan 24 (IANS) Food delivery platform Swiggy on Monday said it has raised $700 million led by Invesco, which will be utilised to scale its overall business along with giving a boost to its quick-commerce grocery service Instamart. At

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Paytm posts Q2 results, revenue from ops up by 64% to Rs 10.9 bn

Paytm posts Q2 results, revenue from ops up by 64% to Rs 10.9 bn

🕔13:45, 27.Nov 2021

New Delhi, Nov 27 (IANS) India’s leading digital ecosystem for consumers and merchants, Paytm announced its second quarter earnings report. The digital payments and financial services platform saw its revenue from operations grow by 64 per cent Y-o-Y to Rs 10.9

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Paytm makes history as India’s largest IPO bidding ends with 1.89x oversubscription

Paytm makes history as India’s largest IPO bidding ends with 1.89x oversubscription

🕔22:04, 10.Nov 2021

New Delhi, Nov 10 (IANS) Indias leading digital payments and financial services platform Paytm has closed the bid/offer for its IPO by being 1.89 times oversubscribed. From once being India’s highest valued unicorn to be on the verge of being the

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Paytm IPO oversubscribed 1.33 times so far with half a day left

Paytm IPO oversubscribed 1.33 times so far with half a day left

🕔17:40, 10.Nov 2021

New Delhi, Nov 10 (IANS) India’s leading digital payments and financial services platform Paytm’s IPO has now been fully subscribed on Day 3 of its bidding. The company is now set to be listed as India’s largest stock market debut. As

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Paytm may directly head for IPO without a Pre-IPO to fast-track listing

Paytm may directly head for IPO without a Pre-IPO to fast-track listing

🕔14:06, 22.Oct 2021

New Delhi, Oct 22 (IANS) Paytm is headed for a $2.2 billion IPO and multiple sources confirmed on Friday that the fintech giant is considering not to go ahead with the Pre-IPO plans so as to fast-track the companys market debut

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Paytm’s GMV hit Rs 1,469bn in Q4FY21 – 100% growth in one year

Paytm’s GMV hit Rs 1,469bn in Q4FY21 – 100% growth in one year

🕔18:41, 22.Jul 2021

New Delhi, July 22  Indias leading digital payments and financial services platform Paytm has filed for a Rs 16,600 crore IPO, which is touted to be Indias largest market debut. The company filed its Draft Red Herring Prospectus on Friday,

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Paytm files for mega Rs 16,600 cr IPO with SEBI

Paytm files for mega Rs 16,600 cr IPO with SEBI

🕔15:22, 16.Jul 2021

Mumbai, July 16 One 97 Communications, the parent of Paytm has filed for an initial public offering (IPO) with the market regulator SEBI, with a target to raise around Rs 16,600 crore. In the draft red herring prospectus, the company said

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Byju’s most valuable startup in India, 11th in the world

Byju’s most valuable startup in India, 11th in the world

🕔10:17, 13.Jun 2021

New Delhi, June 13  Edtech company Byju’s is now India’s most valuable unicorn startup with a valuation of $16.5 billion, surpassing fintech company Paytm’s $16 billion valuation. As per CB Insights data, as of June 2021, Byju’s is the 11th

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Paytm to break even in 12-18 months: Bernstein

Paytm to break even in 12-18 months: Bernstein

🕔07:23, 28.May 2021

New Delhi, May 28  Paytm is on track to break even in 12-18 months with increased financial discipline and targeted strategic investments, investment research firm Bernstein said in a pre-IPO primer. According to reports, Paytm is aiming to raise about

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Paytm gets further boost as NPCI caps UPI transactions

Paytm gets further boost as NPCI caps UPI transactions

🕔22:07, 26.Mar 2021

New Delhi, March 26  To bring parity in UPI digital payments and ending the monthly race to the top spot, the National Payments Corporation of India (NPCI) has issued guidelines capping the market share of UPI transactions to 30 per

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Paytm launches new IoT-based payment device, smart POS

Paytm launches new IoT-based payment device, smart POS

🕔17:17, 9.Mar 2021

New Delhi, March 9  India’s homegrown digital financial services platform Paytm on Tuesday introduced a “Smart POS” (point-of-sale) application for Android phones as well as its latest Internet of Things (IoT)-based payment device, Soundbox 2.0. The Paytm Smart POS is

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Paytm Payout gift wallet cards & digital gold achieve Rs 100 crore GMV

Paytm Payout gift wallet cards & digital gold achieve Rs 100 crore GMV

🕔06:51, 29.Dec 2020

New Delhi, Dec 29  India’s homegrown digital financial services platform Paytm announced on Monday that its Payout service which enables businesses to make multiple instant money transfers to their employees, vendors and partners today announced that corporate gifting of Paytm

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Paytm Money aims at one lakh new ETF investors, to organise India’s first-ever ETF MasterClass

Paytm Money aims at one lakh new ETF investors, to organise India’s first-ever ETF MasterClass

🕔07:08, 15.Dec 2020

New Delhi, Dec 15  India’s homegrown digital financial services platform Paytm on Monday announced that its wholly-owned subsidiary Paytm Money aims at empowering over 1 lakh new investors with ETFs in the next one year. The company said that Exchange

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Paytm to double loan disbursement to Rs 1,000 cr for MSMEs

Paytm to double loan disbursement to Rs 1,000 cr for MSMEs

🕔16:11, 9.Nov 2020

New Delhi, Nov 9  Financial services platform Paytm on Monday announced to double its loan disbursements for the micro- and small and medium enterprises (MSMEs) from Rs 550 crore in last fiscal year to Rs 1,000 crore by March 2021.

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Paytm teams up with SBI Card to launch co-branded credit cards

Paytm teams up with SBI Card to launch co-branded credit cards

🕔18:43, 4.Nov 2020

New Delhi, Nov 4 Leading digital financial services platform Paytm and SBI Card on Wednesday said they have joined hands to launch co-branded credit cards. Available in two variants, Paytm SBI Card and Paytm SBI Card SELECT, the product has been

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Paytm enters credit card biz, to issue 20 lakh in 12-18 months

Paytm enters credit card biz, to issue 20 lakh in 12-18 months

🕔14:57, 19.Oct 2020

New Delhi, Oct 19  Leading digital financial services platform Paytm on Monday said it will partner with various card issuers to introduce co-branded credit cards and is aiming to issue 20 lakh cards in the next 12-18 months. The move

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Paytm payment gateway announces same-day bank settlement

Paytm payment gateway announces same-day bank settlement

🕔12:18, 13.Oct 2020

New Delhi, Oct 13  Paytm on Tuesday announced the same-day settlement facility for all kinds of fund transfers on its payment gateway that will help businesses that depend upon immediate availability of funds to pay down-stream partners. The feature can

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