Paytm

News and Trends

Ant Group Sells Additional 4% Stake in Paytm for INR 2,103 Cr, Trims Holding to 5.85%

Over the past decade, Alibaba and Ant Financial have injected a total of USD 851 million into Paytm, underlining their long‐term interest in India's fast‐growing digital‐payments market.

News and Trends

Vijay Shekhar Sharma Voluntarily Surrenders INR 1,800 Cr Worth ESOPs

The expenses related to ESOPs are non-cash and accounted for based on their notional value, as per prevailing accounting standards.

News and Trends

Vivek Mathur Steps Down as Elevation Capital COO After 14 Years

Mathur, who played a key role in shaping the firm's portfolio, is now transitioning into an advisory and mentorship role, working with early-stage startups across D2C, agritech, climate, and defence tech sectors.

News and Trends

Yoho Footwear Secures INR 27 Cr in Pre-Series B Round Led by Gulf Islamic Investments

Yoho will use the funds for product development, R&D, marketing, and offline expansion while also focusing on recruiting to support its growth and achieve its ambitious business goals.

News and Trends

Meme-Based Dating App Schmooze Secures USD 4 Mn Series A Funding Led by Elevation Capital

The fresh capital will be used to expand the platform's user acquisition efforts.

News and Trends

Paytm Records 5% Increase in Share Prices After Zomato Deal Announcement

Paytm saw its share prices increase by 5 per cent on August 21, just a day later it announced the decision to sell its entertainment ticketing arm to Zomato.

News and Trends

Paytm and Axis Bank Come Together to Enhance Transaction Efficiency via POS and Card Payment Devices

Paytm partners with Axis Bank to offer point of sales solutions and card payment devices

News and Trends

Zomato in Talks to Acquire Patym's Vertical Business Worth INR 1,600 Crore

Zomato reports talks to acquire Paytm movies and Paytm insider verticals worth INR 1,600 - 1,750 crore.

News and Trends

Paytm's President and COO Bhavesh Gupta Resigns, Citing Personal Reasons

Paytm Money's former CEO Varun Sridhar has been named CEO of Paytm Services.

News and Trends

Paytm Payments Bank to Stop Working From Today

Paytm Payments Bank users are still able to withdraw or transfer money from their accounts, but they are no longer able to deposit money into them.

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

Finance

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.