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Steep valn slide of new age companies, delayed IPOs under SEBI scanner

Finance

18 May, 2022

Steep valn slide of new age companies, delayed IPOs under SEBI scanner

The stock market regulator is in internal discussions on why many high-profile companies have slipped far below their issue price, ......

Paytm's acquisition of Raheja QBE terminated as it exceeds deadline

Finance

16 May, 2022

Paytm's acquisition of Raheja QBE terminated as it exceeds deadline

One97 Communications Ltd, which owns digital payments firm Paytm, has terminated its share purchase agreement to acquire 100% of Raheja ......

SoftBank marks down investment in Paytm parent to $800 mn

TMT

12 May, 2022

SoftBank marks down investment in Paytm parent to $800 mn

SoftBank Group Corp has marked down its investment in Paytm parent One97 Communications to $800 million,  even as it reported ......

Paytm grants new 3.9 mn employee stock options

Finance

09 May, 2022

Paytm grants new 3.9 mn employee stock options

One97 Communications Ltd, which owns digital payments firm Paytm, has granted 3.9 million new employee stock options (Esops) to its ......

Elevation Capital raises $670 mn for fifth India-focussed fund

TMT

08 April, 2022

Elevation Capital raises $670 mn for fifth India-focussed fund

Venture capital and growth-equity investment firm Elevation Capital(formerly SAIF Partners) has raised  $670 million (Rs 5,080 crore) for its fifth ......

Paytm Sharma's shares to vest only after market cap tops IPO level

Finance

06 April, 2022

Paytm Sharma's shares to vest only after market cap tops IPO level

Paytm Founder and Chief Executive Officer (CEO) Vijay Shekhar Sharma, in a letter to shareholders on Wednesday said that his ......

Paytm to be operationally profitable in next six quarters, says Sharma

Finance

06 April, 2022

Paytm to be operationally profitable in next six quarters, says Sharma

Vijay Shekhar Sharma, founder and chief executive officer of financial services technology company One97 Communications Ltd that runs Paytm, informed ......

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VCs warm up to savings apps amidst the frenzy for BNPL products

TMT

04 April, 2022

VCs warm up to savings apps amidst the frenzy for BNPL products

Venture capital (VC) firms are starting to back savings apps even as buy now pay later (BNPL) apps are garnering ......

BSE seeks clarification  from Paytm on steep fall in share price

TMT

23 March, 2022

BSE seeks clarification from Paytm on steep fall in share price

The Bombay Stock Exchange on Wednesday sought a clarification from One 97 Communications Limited, the parent of payments solution company ......

Edtech startup Leverage Edu pockets $22 mn in Series B round

TMT

21 March, 2022

Edtech startup Leverage Edu pockets $22 mn in Series B round

Leverage Edu, an overseas-focused higher education counselling platform run by New Delhi-based Leverage EdTech Private Limited, has raised $22 million ......