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Paytm cuts EBITDA loss in Q2; gains from one-time sale of ticketing biz

TMT

22 October, 2024

Paytm cuts EBITDA loss in Q2; gains from one-time sale of ticketing biz

SoftBank and Ant Financial-backed One97 Communications, Paytm's parent, posted a net profit of Rs 930 crore dring the second quarter ......

Khosla Ventures doubles down on blue-collar recruitment platform Vahan.ai

TMT

19 September, 2024

Khosla Ventures doubles down on blue-collar recruitment platform Vahan.ai

AI-powered blue-collar recruitment platform Vahan.ai has raised $10 million (Rs 83.6 crore) in its Series B funding round led by ......

Zomato to acquire Paytm's movie and events ticketing business for $244 mn

TMT

21 August, 2024

Zomato to acquire Paytm's movie and events ticketing business for $244 mn

Indian food delivery platform Zomato said on Wednesday it will acquire the movie and events ticketing businesses of digital payments ......

Paytm gets nod from government panel to infuse funds in payments arm

TMT

09 July, 2024

Paytm gets nod from government panel to infuse funds in payments arm

India's beleaguered Paytm has secured approval from a government panel that oversees investments linked to China to invest 500 million ......

Paytm slides deeper into losses after RBI order, warns of more downside

Finance

22 May, 2024

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 ......

Govt defers nod for Paytm's investment in its payments arm

TMT

16 April, 2024

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 ......

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SoftBank's biggest India bet turning out to be its worst nightmare

TMT

29 February, 2024

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 ......

RBI moves to ensure continuity of UPI payments on Paytm

TMT

23 February, 2024

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 ......

EPFO to shut the door on claims made via Paytm Payments Bank

TMT

09 February, 2024

EPFO to shut the door on claims made via Paytm Payments Bank

India's state-run social security fund will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the country's ......

MakeMyTrip, Policybazaar warn RBI of slowing investment in fintech sector post Paytm crackdown

Economy

06 February, 2024

MakeMyTrip, Policybazaar warn RBI of slowing investment in fintech sector post Paytm crackdown

India's MakeMyTrip and insurance seller PolicyBazaar have told the central bank its crackdown on digital payments firm Paytm will hurt ......