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T Rowe, Ant, others stuff $1 bn cash wad into Paytm e-wallet, bestow $16 bn valuation

TMT

25 November, 2019

T Rowe, Ant, others stuff $1 bn cash wad into Paytm e-wallet, bestow $16 bn valuation

Paytm, operated by One97 Communications, has scooped $1 billion (Rs 7,170 crore) in a fresh round of funding led by ......

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Why India's B2B unicorns are more capital-efficient than B2C startups

TMT

15 November, 2019

Why India's B2B unicorns are more capital-efficient than B2C startups

Indian or Indian-origin technology unicorns that focus on the business-to-business segment are more capital-efficient than their business-to-customer counterparts, a new ......

Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm

General

14 November, 2019

Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm

The local unit of South African financial services group Investec is leading the race to buy a stake in State ......

Grapevine: T Rowe, D1, Discovery Capital may back Paytm; Doodhwala shuts

General

15 October, 2019

Grapevine: T Rowe, D1, Discovery Capital may back Paytm; Doodhwala shuts

Leading US-based asset management firms and hedge funds T Rowe Price, D1 Capital and Discovery Capital are in talks to ......

Grapevine: Paytm eyes Yes Bank stake; Vogo, Bounce seek fresh funding

General

10 September, 2019

Grapevine: Paytm eyes Yes Bank stake; Vogo, Bounce seek fresh funding

Mobile payments company Paytm's owner, One97 Communications Ltd, is in preliminary discussions to pick up a stake in private-sector lender ......

Paytm to shell out $46 mn for retaining title rights to Indian cricket tournaments

TMT

21 August, 2019

Paytm to shell out $46 mn for retaining title rights to Indian cricket tournaments

India’s cricket board (BCCI) said on Wednesday it will earn 58% more per match for the next four years as ......

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

General

12 August, 2019

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

Chinese e-commerce giant Alibaba's fintech affiliate Ant Financial, which is a key shareholder in Zomato Media Pvt. Ltd, may specify ......

Aditya Birla Idea Payments Bank shuts operations

Finance

22 July, 2019

Aditya Birla Idea Payments Bank shuts operations

Aditya Birla Idea Payments Bank Ltd (ABIPBL) has decided to shut down its operations just 18 months after its launch. ABIPBL’s ......

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

Finance

18 July, 2019

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities ......

Paytm's Vijay Shekhar Sharma joins as anchor investor in Roots Ventures' debut fund

Finance

27 June, 2019

Paytm's Vijay Shekhar Sharma joins as anchor investor in Roots Ventures' debut fund

Paytm founder Vijay Shekhar Sharma has joined as an anchor investor in the debut fund of alternative asset management firm ......