Paytm
TMT
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 ......
TMT
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...
TMT
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...
TMT
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...
TMT
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, ......
TMT
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 ......
Finance
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...
TMT
Alibaba-backed Paytm targets 1 mn apps on mini app store to take on Google
Alibaba-backed Indian fintech firm Paytm is aiming for a million apps on its "mini app store" by the first quarter ......
Finance
Paytm backer SAIF Partners aims at larger corpus for new India fund
Venture capital and growth-equity investment firm SAIF Partners, which backs companies such as Paytm, Swiggy and ShareChat, has...
Consumer
Food firm Happilo in talks with West Asian fund, others for first institutional funding
Healthy snacks brand Happilo is in discussions with several private equity firms including a West Asian fund to raise its ......
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