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
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
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
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
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
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
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
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
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,
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
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
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
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
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
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
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
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.
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
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
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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