News and Trends

Paytm Launches Paytm Card Soundbox In India

With Paytm Card Soundbox, the company said its aims to solve two problems for merchants — accepting card payments along with getting instant audio alerts for all payments

News and Trends

Paytm Plans To Invest More In Artificial Intelligence, Says CEO

In a letter to the shareholders, Sharma also spoke about Paytm pioneered mobile payments in India and led mass adoption with innovations like QR Codes and Soundbox

News and Trends

Vijay Shekhar Sharma To Buy 10.3% Stake From Antfin; Becomes the Largest Shareholder of Paytm

The transaction will be conducted through Vijay's 100% owned overseas entity, Resilient Asset Management BV, based in the Netherlands

News and Trends

Paytm's In-Store Payments To Lead Small Businesses: Report

In an official release, the fintech giant claimed that it continues to solidify its leadership in in-store payments with 82 lakh devices deployed, a growth of 101% YoY


Paytm Q1 Results: Fintech Giant's Net Loss Narrows to INR 358 Cr, Revenue Jumps 39%

With loans disbursed through the platform totaling INR 14,845 crore in the first quarter, up 167% year-over-year, Paytm's lending business continued to expand.

News and Trends

SoftBank Sells 2% Stake In Paytm In Series Of Open Market Transactions

The market value of the total sale was not declared in the company's regulatory filing, but reports said that it could be worth around $120 million

News and Trends

Alibaba Sells 3.1% Stake In Paytm: Report

The report further added that shares of the company fell as much as 8.8% to 528 rupees in afternoon trading, and was last down 5.8% as of 3:00 p.m. IST

News and Trends

RBI Asks Paytm To Reapply For Payment Aggregator Licence

It is said that the company will not onboard new online merchants till the time approvals remain pending

News and Trends

Paytm Appoints G S Sundararajan To Its Board

The Board also announced the retirement of independent director, Mark Schwartz, upon the completion of his service tenure

News and Trends

Vijay Shekhar Sharma Reappointed As MD And CEO Of Paytm

As per reports, 99.67 per cent votes were in favour of Sharma's re-appointment while 0.33 per cent voted against the resolution

News and Trends

Two More Advisory Firms Joined Against Vijay Shekhar Sharma's Reappointment

As per reports, both the firms expressed different opinions about the reason for their disagreement

News and Trends

IIAS Advisory To Vote Against Vijay Shekhar Sharma's Reappointment As Paytm CEO

The shareholders are also likely to vote on the adoption of financial statements, appointment of Madhur Deora as whole-time director for five years and there will also be resolutions to approve contributions to charitable trusts and other funds of up to INR 10 crore

News and Trends

Tech Giants To Meet Parliamentary Panel Over Competition Issues

Jayant Sinha, BJP leader and former Union minister chaired the parliamentary standing committee on finance, has been analyzing various aspects of competition in the marketplace, mostly within the technology platforms

News and Trends

Paytm's Vijay Shekhar Sharma: My Stock Grants to be Vested Only When Our Market Cap Crosses the IPO Level

In a letter to shareholders, he has also said that Paytm is committed to building a profitable company and believes that it should be operating EBITDA breakeven in the next 6 quarters


India's 5 Most Valued Startups of 2021: Valuation, Funding, Industry

On World Entrepreneurs' Day 2021, let's take a look at India's most valued startups that have managed to shine despite an overall slump in the market.