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Consumer electronics startup Seven launches 7 Ring, a wearable payment solution

7 Ring is an open-loop contactless payment wearable solution powered by the RuPay network New Delhi: Homegrown consumer electronic startup Seven has unveiled a new smart ring called 7 Ring, a contactless payment solution device, the company announced in a...

India is a major focus for Apple: CEO Tim Cook

Apple CEO Tim Cook said the tech giant has a "low share" in India's large market and there is a "lot of headroom" and "positives" for the company thereNew York: Describing India as a "major focus" for Apple, CEO Tim...

India Start-up Tracker: Who got what in the first half of 2023

A look at the funding scenario for startups in India in the first half of calendar year 2023Mumbai: Funding in the Indian startup ecosystem continues with cautious optimism. Despite the significant dry powder earmarked for Indian start-ups, the ecosystem...

Paytm unveils indigenously made soundbox with card payment option

The company has deployed soundbox at around 8.5 crore point of sales and expect to match the same pace of deployment for the new devices.New Delhi, Sep 4 (PTI) Fintech firm Paytm on Monday launched a soundbox device that lets...

The offshoots: 12 startups founded by former Flipkart employees

From fitness to fintech, here are 12 diverse startup businesses founded by individuals who were once part of the Flipkart team Bengaluru: Flipkart is the model success story of an Indian e-commerce startup. The homegrown e-commerce platform Flipkart was founded...

Paytm monthly users increase by 19% to 9.3 crore

Payment volumes for merchants or Gross Merchandise Values (GMV) rose 39 per cent on-year at Rs 1.47 lakh croreNew Delhi: Fintech company Paytm on Thursday said its average monthly users rose by 19 per cent on-year to 9.3 crore.Merchant subscriptions...

Investment in Indian startups in H1 2023 lowest in last four years: PwC India

Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of businessNew Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...

BharatPe group appoints Pankaj Goel as chief technology officer

Prior to joining BharatPe, Pankaj was the head of payments engineering at RazorpayNew Delhi: Fintech firm BharatPe Group has appointed former Razorpay senior executive Pankaj Goel as the chief technology officer.Prior to joining BharatPe, Pankaj was the head of payments...

PhonePe raises $100 million in additional funding at $12 billion valuation

Fintech firm PhonePe has raised about Rs 828 crore in primary capital from new investors Ribbit Capital and TVS Capital Funds with participation from existing investor Tiger GlobalNew Delhi: Fintech firm PhonePe has raised another $100 million (about Rs...

Walmart pays most of tax bill arising from shifting of PhonePe headquarters to India

Walmart Inc and other PhonePe shareholders faced nearly USD 1 billion as capital gains tax after the digital payments company shifted its headquarters to IndiaNew Delhi: US retail giant Walmart has paid the taxes arising from the shifting of the...
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Max Fashion launches new youth centric brand ‘Urban’

The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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