Fin-tech startups hit purple patch as VCs make a beeline
2 months ago
If there is one sector in the Indian startup landscape that has bucked the funding slowdown, it’s financial technology, or fin-tech as it is popularly...
MobiKwik may enter unicorn club with $100 mn fund-raise from BlackRock, banks
3 months ago
Gurgaon-based One MobiKwik Systems Pvt. Ltd, which operates digital wallet MobiKwik, is reportedly in advanced talks with US-based investment management firm BlackRock Inc. and Indian...
What’s packed in government’s BHIM-Aadhaar payments app
3 months ago
Prime Minister Narendra Modi on Friday launched merchant interface app BHIM-Aadhaar, which links the Bharat Interface for Money mobile application with biometric platform Aadhaar. The...
Amazon gets licence to launch digital wallet
3 months ago
After homegrown e-tailers Flipkart and Snapdeal, the Indian arm of the world’s biggest e-commerce company Amazon.com, Inc. will have its own digital wallet. The company...
Paytm joins hands with Booking.com to expand its travel biz
4 months ago
Alibaba-backed digital wallet company Paytm has tied up with US-based online travel portal Priceline Group’s Booking.com, to facilitate accommodation bookings on its platform. Under the...
RBI gives final approval to Paytm Payments Bank
7 months ago
Digital payments firm Paytm has finally got regulatory approval to launch its much-awaited payments bank. “Today, the Reserve Bank of India gave permission to formally...
Paytm founder Vijay Shekhar Sharma sells 1% stake for $48.1 mn
7 months ago
Paytm’s founder and chief executive Vijay Shekhar Sharma has sold 1% of his holding in the digital wallet’s parent firm One97 Communications Ltd, to raise...