paytm

Paytm may raise funds from SoftBank, Ant Financial at $16bn valuation

The the funding would be done in equal parts debt and equity

Setting Sail podcast | Paytm is breeding ground for entrepreneurship: Srinivas Mothey

In this episode of the Setting Sail podcast, Mothey talks to Moneycontrol's Priyanka Sahay on why Paytm supports the culture of entrepreneurship inside as well as outside the company.

Expect Paytm Mall biz to break even in a year: Vijay Shekhar Sharma

Asked if more funds would be pumped into Paytm Mall, Sharma said: "We have money in the bank, we have $260 million, so I would say that we can give more growth capital to it, so basically after a year, Paytm Mall would break even for sure".

WeWork Debacle | A wake up call for not just Softbank, but Indian startup founders and their investors too

A look at Masayoshi Son’s investments in Indian startups like Oyo and Ola would show Softbank’s inclination to invest at inflated valuations. It is time startup founders and their financial backers stop bluffing

'Trivago Guy' Abhinav Kumar joins Paytm

Kumar became popular after appearing in a series of ads for Trivago, where he was working with the company as its country developer for the Indian market.

Paytm to invest Rs 250 crore in travel business over 6 months, targets 100% growth for FY20

Paytm claims a customer base of more than 1.5 crore and an annual gross merchandise value of Rs 7,100 crore in its travel vertical business.

Startup corner | Paytm needs to sharpen its focus to make its IPO dream come true

Mounting losses and expansion into several business areas could derail India’s first profit-making payments bank. For mobile wallet Paytm, banking could be its best pathway to an IPO

Paytm’s FY19 loss almost triples to Rs 4,217cr on higher expenses

Rana Kapoor in talks with Paytm to sell stake in Yes Bank

Rana Kapoor is in talks with Paytm to sell his stake in the bank he cofounded

Paytm Money elevates Pravin Jadhav as MD & CEO; to invest Rs 250 cr in 2 years

Founder and CEO of Paytm Vijay Shekhar Sharma said, in the last one year, under Jadhav's leadership, the team at Paytm Money has built an entire organisation, product, and business grounds up.

BCCI awards title sponsorship rights to Paytm for five more years

The Board of Control for Cricket in India (BCCI) on August 21 announced the deal with the Paytm, which had acquired the rights in 2015 for a four-year period.

Paytm to enter online content space, to offer news and live TV starting Sept

Paytm’s biggest target audience would be the first time users who would buy smartphones for the first time.

Paytm to invest Rs 750 crore to reach 250 million monthly active users by March

The company expects its Paytm Inbox service to accelerate the growth as it has garnered 27 million monthly active users and expects additional 60-70 million new customers to come on board by end of the current fiscal year.

Paytm issues clarification, says postpaid service is 'active and operational'

The company clarified that users who had completed their KYC were already able to avail the service.

PhonePe and Google Pay rise as Paytm cedes top UPI platform spot: Report       

Google Pay, PhonePe clock 300 mn transactions each in July, get 35 per cent market share each; one-time leader Paytm lags at 16 per cent

Reporter's Take | eBay invests $150 million in Paytm Mall

Sakshi Batra chats with Moneycontrol's Priyanka Sahay to find out the nitty-gritties of the deal and how it will affect the e-commerce space.

eBay invests $150 million in Paytm Mall for 5.5% stake

Paytm founder Vijay Shekhar Sharma confirmed the investment but did not disclose the details.

Startups | At $5.5 bn valuation, Byju’s is making investors sit up and take note

Byju’s valuation is making news. The sheer size of India’s education market and growth prospects could be the key factor at play

Flipkart-Axis Bank partner to issue 1 million credit cards by mid-2020, will offer unlimited cashback

Powered by Mastercard, the credit card will offer cashback on Myntra and 2GUD and would provide benefits to customers of MakeMyTrip, Goibibo, Uber, PVR, Gaana, Curefit, UrbanClap.

As Paytm and PhonePe rule digital payments roost; Google Pay rapidly gaining market share

Although the digital revolution is fairly recent in India, it has seen exponential growth due to a favourable regulatory environment, deeper smartphone penetration and growing internet access.

Paytm and Tencent to invest $100 million in MX Player: Report

India will be the tenth-largest market for OTT in terms of revenue in 2022, with mobile internet subscribers set to double from 406 million in 2017 to 805 million in 2022 according to a report by PwC.

Paytm Mall slashes monthly operation spend to Rs 40 crore

The amount is down from last year’s peak of Rs 200 crore

Ola, Paytm, OYO stocks attract investors in unlisted market, trade at eye-popping prices: Report

A few household names in this space are ANI Technologies (Ola), Oravel Stays (OYO Rooms) and One97 Communications (Paytm).

Paytm expects to achieve 2 billion transactions a quarter this year

The company facilitates bill payment, online purchase of services and products through all payment methods such as wallet, UPI, net-banking and cards on its platform.

Paytm denies rumours of transaction fee levy from July 1

The fee will be applicable while adding money to the wallet, payment of utilities bills and purchase of movie tickets