Paytm
General
Grapevine: Ola Electric to cut jobs; Softbank may offload more stake in Paytm
Ola Electric is set to lay off 400-500 employees in the coming weeks as founder Bhavish Aggarwal intensifies efforts to ......
General
Grapevine: LG Electronics mulls Indian unit IPO; Bluestone eyes unicorn status
LG Electronics has engaged JP Morgan and Morgan Stanley to evaluate a potential IPO of its Indian unit, LG Electronics ......
Finance
Paytm slides deeper into losses after RBI order, warns of more downside
Paytm posted a wider loss in the fourth quarter on Wednesday and warned of further financial impact in the current ......
TMT
Govt defers nod for Paytm's investment in its payments arm
India has deferred approval of Paytm’s 500 million rupee ($6 million) investment in its Paytm Payment Services arm in part ......
Finance
Paytm Payments Bank CEO Surinder Chawla resigns
India's Paytm said on Tuesday that Surinder Chawla had resigned as the chief executive officer and managing director of its ......
TMT
Investors jittery as some Indian startups' fall from grace dwindles faith
India's economy and stock markets are booming, but its startups are not. Investors, once eager to pump in billions of dollars ......
TMT
Separating fact from fiction: how many unicorns does India really have?
Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......
Finance
Paytm Payments Bank to cut about 20% of staff as business halt looms
Indian digital payments firm Paytm plans to cut close to 20% of staff at its banking unit amid uncertainty over ......
TMT
SoftBank's biggest India bet turning out to be its worst nightmare
Japanese tech investment goliath SoftBank, known for its big-ticket private equity investments in Indian internet companies and who was on ......
TMT
RBI moves to ensure continuity of UPI payments on Paytm
The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine ......
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