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One97 Communications

Paytm to launch payments bank; gets approval from RBI

Paytm has received final approval of the Reserve Bank to formally launch its payments bank and it expects to start operations next month. According to a PTI report: Payments banks can accept deposits from individuals and small businesses of up...

Paytm gets fresh capital infusion from Mountain Capital

Paytm, India’s leading mobile payment and commerce platform, has announced that Mountain Capital will make an investment in the company. The fresh capital infusion will allow Paytm, the consumer brand of One97 Communications, to further accelerate and develop a vibrant mobile...

Paytm to raise $300million, valuation likely to hit $5bn

One97 Communications, which runs mobile payment and e-commerce platform Paytm, is in advanced talks to raise fresh funding of about Rs 2,000 crore ($300 million) as the company gears up to launch the payments bank and aims to boost...

Paytm spins off separate entity for online retail businesses

One97 Communications, the company which owns and operates Paytm, a mobile marketplace and digital wallet, has incorporated a separate entity for its online retail business as its key investor Alibaba Group Holding Ltd firms up plans to enter India...
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Hong’s kitchen opens new outlet at Delhi’s Rohini

Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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