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Paytm

Grapevine: ReNew mulls dual listing; Adani's MIAL to buy airports

General

26 February, 2021

Grapevine: ReNew mulls dual listing; Adani's MIAL to buy airports

Clean energy company ReNew Power Ventures Ltd is considering a listing in India, its managing director said, just two days ......

Elevation Capital leads Series C round in cosmetics brand SUGAR

Consumer

05 February, 2021

Elevation Capital leads Series C round in cosmetics brand SUGAR

Make-up brand SUGAR Cosmetics has raised $21 million (Rs 153 crore) in its Series C funding round led by Elevation ......

Grapevine: UBS may invest in Paytm; Indiabulls Housing in stake sale talks with PEs

General

15 January, 2021

Grapevine: UBS may invest in Paytm; Indiabulls Housing in stake sale talks with PEs

Swiss investment bank UBS Group AG’s asset management arm, along with some of its Swiss clients, is in discussions to ......

Paytm says could turn profitable in 2021

TMT

13 January, 2021

Paytm says could turn profitable in 2021

Indian fintech giant PayTM may turn profitable this year as the pandemic fuels a surge in the use of its ......

Chinese regulators probe Paytm backer Ant Group's equity investments

TMT

31 December, 2020

Chinese regulators probe Paytm backer Ant Group's equity investments

Chinese regulators are reviewing equity investments held by Ant Group Co Ltd in dozens of companies, three people with knowledge ......

Flipkart unit PhonePe to raise $700 mn, gets $5.5 bn valuation

TMT

03 December, 2020

Flipkart unit PhonePe to raise $700 mn, gets $5.5 bn valuation

PhonePe, the digital payments unit of Walmart's Indian e-commerce arm Flipkart, said on Thursday it would sell a stake to ......

Ant Group considers Paytm stake sale amid India-China tensions

TMT

02 December, 2020

Ant Group considers Paytm stake sale amid India-China tensions

Chinese fintech giant Ant Group is considering selling its 30% stake in Indian digital payment processor Paytm amid tensions between ......

WhatsApp starts payments service in challenge to Paytm, PhonePe

TMT

06 November, 2020

WhatsApp starts payments service in challenge to Paytm, PhonePe

Facebook Inc’s WhatsApp will start its payments service in India on Friday, the messaging app said in a blog post, ......

Paytm backer Ant Group curbs support for overseas partners in strategy rethink

TMT

29 October, 2020

Paytm backer Ant Group curbs support for overseas partners in strategy rethink

China's Ant Group Co Ltd has been cutting funding and staff support to many of the overseas e-wallet firms it ......

Paytm founder doubles investment in Roots Ventures' debut fund

Finance

14 October, 2020

Paytm founder doubles investment in Roots Ventures' debut fund

Paytm founder Vijay Shekhar Sharma has doubled his investment in the debut fund of alternative asset management firm Roots Ventures. Japan ......