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The IPO was the last bit of good news Paytm would have. ... Paytm is the latest member of India’s startup royalty to flame out. Edtech firm Byju’s was once India’s most valuable startup ...
India's beleaguered Paytm has secured approval from a government panel that oversees investments linked to China to invest 500 million rupees ($6 million) in a key subsidiary, three sources with ...
Paytm posted a net profit of 9.28 billion rupees, its first-ever since listing in 2021. But that was mostly due to a 13.45-billion-rupee gain on the sale of its ticketing business to food delivery ...
BENGALURU (Reuters) -India's Paytm plunged as much as 20% on Thursday, its steepest decline since listing two years ago, as the digital payments firm plans to give out fewer low-value personal ...
Paytm, one of India's first startups to go public, said its consolidated revenue rose 38% to 28.51 billion rupees, with the payments business contributing 61% to the total.
In March 2018, Paytm Money was started with an investment of ₹9 crore [42] [43] for investment and wealth management. [44] In May 2018, the Indian investigative news agency Cobrapost released a video of an undercover reporter meeting with Paytm's vice president, Ajay Shekhar Sharma who is the brother of Vijay Shekhar Sharma.
Paytm and PhonePe which is in advance stage of integration will act as Payment Network Partners (PNP) for ONDC. PhonePe planning to join ONDC both from buyers and sellers side. [114] Till 15 May 2022, 24 ecommerce platforms are joining ONDC. [115] Paytm Mall confirmed joining ONDC network with primary focus on exports. [116]
[13] [14] Three years later, in 2000, he started One97 Communications [15] which offered mobile content including news, cricket scores, ringtones, jokes and exam results. [14] One97 Communications Limited is the parent company of Paytm , a digital payments and financial services company that was launched by Sharma in 2010. [ 16 ]