Paytm

Paytm, the digital payments firm, is planning to start its payments bank operation in the country by August with 20 million account holders. Paytm has already received a payments bank licence. According to a report in PTI: The Noida-headquartered company...

LogiNext, the logistics solutions platform backed by Paytm, has acquired YourGuy, a cross-category last mile delivery company in Mumbai. LogiNext's last mile delivery vertical, Sprintr, will be absorbing the 200 delivery personnel and the team of 20 other employees. The...

Paytm had filed a lawsuit against Snapdeal owned Unicommerce for accessing confidential business data on Paytm’s commerce platform via the sellers. The Delhi High Court today has offered given some relief to Paytm, as it has restrained Unicommerce - unit...

Paytm, the online payments and commerce platform, has filed a lawsuit against Unicommerce onwed by Snapdeal for accessing confidential business data on Paytm's commerce platform via the sellers on this platform. Paytm has also alleged that Unicommerce, which was acquired...

In a sign of things to come, Chinese e-commerce giant Alibaba has begun the process of setting up a team in India to look at merger and acquisition (M&A) opportunities. According to a report in The Hindu Business Line, Alibaba has...

Jugnoo, the auto-rickshaw aggregator and hyper-local delivery firm, has raised $10 million in series B funding led by Paytm, the mobile payments and commerce platform. The list of other investors includes names like Snow Leopard and venture capital firm...

Paytm, the payment aggregator, has decided to expand its online travel business aggressively by branching out into rail, road, airline and tour bookings as it looks forward to drive more traffic to its portal that is largely payment driven. For...

One of India's largest electronic payment platform, Paytm has reported a five fold rise (122 million) in the number of active users in one year. Ant Financial, the Alibaba Group affiliate, took 25 per cent stake in One97, which was...

Paytm, India’s most prominent online payment service provider, is planning to launch its payments bank in August with 20 million account holders. Paytm has already received a payments bank licence. The bank will be a new entity, where 51 per...

Hindustan Unilever Ltd (HUL) will soon rent out its New Delhi master warehouse to the online sellers at a subsidized rate to store their products. This would be beneficial for HUL too, as the e-commerce sites will promote their...