Paytm
In Focus
Rollercoaster ride of four retail industry IPOs
These companies created a lot of hype when they listed on the bourses. But soon broke the hearts and banks of those who invested in them…
By Abhisar Narula
New Delhi: Initial Public Offerings (IPOs) have been attracting a lot of investor...
Finance & Funding
PhonePe raises $200 million in additional funding from Walmart
PTI -
With this tranche, the company has raised a total of $650 million (around Rs 5,360 crore) from several global investorsNew Delhi: PhonePe, one of India's largest fintech platforms, on Friday said it has raised an additional $200 million (around...
Finance and Funding
Paytm completes share buyback worth Rs 850 cr
PTI -
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...
E-Commerce
Alibaba sells remaining direct stake in Paytm for Rs 1,378 cr
PTI -
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...
Big Grid
Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share
PTI -
Chinese group Alibaba sold 2,59,930 shares of Paytm at Rs 535.90 worth Rs 13.93 croreNew Delhi: Chinese conglomerate Alibaba is learnt to have sold a 3.1 per cent stake - nearly half of its direct shareholding -...
Big Grid
Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share
PTI -
Alibaba group firm Ant Financial has not diluted its stake in Paytm and continues to hold 25 per cent of the companyNew Delhi: Chinese conglomerate Alibaba is learnt to have sold a 3.1 per cent stake - nearly half...
Big Grid
India’s Most Innovative Digital Commerce Brands & Companies Honoured at IMAGES eCommerce Awards 2022
JioMart, Myntra, Head Up for Tails, Plum Goodness, Uber, Marks & Spencer, IIFL Securities and Paytm among India’s Digital Commerce Leaders at the Images E-commerce Awards 2022Bengaluru: Some of India’s most exciting e-commerce companies and brands were honoured late...
Latest News
Paytm can’t use IPO proceeds for buyback; co’s strong liquidity to be used
Paytm's recent numbers showed revenue surging by 76 per cent year-on-year and the losses narrowing by 11 per cent quarter-on-quarterNew Delhi: One 97 Communications Ltd, the operator of India's largest digital payments provider Paytm, cannot use proceeds of its mega...
In Focus
RBI pauses onboarding of online merchants by Paytm Payments Services; firm says no material impact on biz
PTI -
Paytm will not onboard new online merchants till the time approvals from RBI remain pending. It will, however, onboard new offline merchants and offer them payment servicesNew Delhi: Banking regulator Reserve Bank of India (RBI) has put a pause on...
E-Commerce
Paytm Commerce turns operationally profitable: Analyst
PTI -
Revenue from its commerce business increased 49 per cent y-o-y due to higher ticketing sales. One97 Communications, which owns the Paytm brand, has set a target to post operating profit by September 2023New Delhi: Financial services firm One97 Communications’ commerce...
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Latest News
Chandigarh witnessed impressive growth in home & kitchen sector on Amazon
The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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