Paytm

Paytm Founder and CEO Vijay Shekhar Sharma on Friday said that the firm's mobile wallet business was only a curtain-raiser and the payments bank would be the main show. "We should be a bank (payments bank) by this month-end. Wallet...

Amazon India head Amit Agarwal has been elevated to the post of Senior Vice President, Amazon. The company confirmed the development in an emailed statement. "This indicates how excited Amazon is about the progress the company is making in India and...

Paytm, one of India’s largest mobile payments and commerce company, announced on March 16, 2017 that it has launched bill payments service for Canadians. This move marks the entry of the first Indian consumer service startup in the Canadian...

E-commerce major Flipkart is in advanced stage of discussions to raise about US $800 million to further strengthen its operations in a bid to take head on the competition from American rival Amazon. According to a PTI report: The funding,...

Chinese e-commerce major Alibaba Group Holding Ltd, along with investment firm SAIF Partners, are set to invest US $200 million in Paytm’s online marketplace unit. Alibaba Singapore E-Commerce Pvt. Ltd will invest US $177 million in Paytm E-Commerce Pvt. Ltd—a...

Hundreds of employees are being handed the pink slip by beleaguered companies like Snapdeal and Stayzilla after these firms went into cost cutting mode. Snapdeal last week went into crisis mode after talks for a bridge round of funding with...

With hundreds of employees being handed out pink slips by companies such as Snapdeal and Stayzilla, Paytm is walking into the ring by offering generous job offers to laid-off staffers. Founder and CEO, Paytm, Vijay Shekhar Sharma tweeted: “Hello, Tech/Product...

Paytm e-commerce has announced the launch of its new Paytm Mall app on Android. Consumers will now be able to shop from 1.4 Lakh sellers for millions of products across categories like fashion, electronics, consumer durables and home furnishings...

Paytm announced on Monday that its user base has crossed 200 million wallets. Within just three years of launching the Paytm Wallet, the company has reached crossed this milestone, making it the most widely used and accepted payment method...

November 8, 2016 was a very important day in the history of India, the world’s second largest emerging market. Prime Minister Narendra Modi made a historic announcement – demonetization (pulling large currency notes - Rs 500 and Rs 1000...