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Govt examining FDI flow from China in Paytm Payments Service

One97 Communications Ltd (OCL) has an investment from Chinese firm Ant Group CoNew Delhi: The government is examining foreign direct investment from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd, sources said.In...

912 crore merchant transactions made via Paytm in Q2FY24

The maximum number of payments have been done on Saturdays, making it the busiest day in the week for digital transactionsNew Delhi: As many as 912 crore merchant transactions were made using Paytm in Q2FY24, parent One97 Communications said...

Paytm to bring 10 million merchants on ONDC: Vijay Shekhar Sharma

Sharma said that the company has seen close to 11.8 million customers routed to its product from the ONDC platformNew Delhi: One97 Communications, which owns digital payment brand Paytm, plans to bring 10 million merchants by 2025 on the...

One97 Communications shares jump over 5% on narrowing loss in Jan-Mar of FY23

Operating under Paytm brand, One97 Communications jumped over 5% in morning trade on Monday New Delhi: Shares of digital financial services firm One97 Communications, which operates under the Paytm brand, jumped over 5 per cent in morning trade on Monday after...

Paytm clocks 40% GMV growth to Rs 3.62 lakh crore in March 2023 quarter

The company had recorded a total GMV of Rs 2.59 lakh crore a year ago in the same quarterNew Delhi: Digital financial services firm One97 Communications, which operates under the Paytm brand, has recorded 40 per cent growth in...

Mamaearth’s parent company still in talks with Sebi on IPO; awaits approval

The clarification comes after certain media reported that the company has put its initial public offering (IPO) on hold amid weak market conditionsNew Delhi: Honasa Consumer Ltd, which owns FMCG brands Mamaearth and The Derma Co, on Monday said it...

Paytm completes share buyback worth Rs 850 cr

One97 Communications, which operates under the Paytm brand, has completed buyback of shares worth Rs 849.83 croreNew Delhi: Digital financial services firm One97 Commuications, which operates under the Paytm brand, on Tuesday said it has completed buyback of shares worth...

Alibaba sells remaining direct stake in Paytm for Rs 1,378 cr

The e-commerce major divested its remaining 3.3 per cent direct stake in One97 Communications, which operates under the Paytm brandNew Delhi: Chinese e-commerce major Alibaba on Friday divested its remaining 3.3 per cent direct stake in One97 Communications, which operates...

After Paytm, Alibaba's financial arm enters US with MoneyGram

In a bid to expand online payment business in the US after a successful run in India with Paytm, Chinese e-commerce giant Alibaba's digital payments arm Ant Financial has bought global money-transfer service MoneyGram for nearly $880 million. The transaction...

Adventz Group decides not to invest in Paytm

Saroj Poddar-controlled Adventz Group on Tuesday said it was approached for buying a minority stake in Paytm, but has decided against it. "We were approached by a few merchant bankers for a minority stake in Paytm. But we have decided...
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