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Amazon injects $446 mn more into Indian arm, ups authorised capital

TMT

14 November, 2017

Amazon injects $446 mn more into Indian arm, ups authorised capital

Amazon.com Inc. has pumped in an additional Rs 2,900 crore ($446 million) into its main India arm and nearly doubled ......

Alibaba seeks regulatory nod to buy into BigBasket

TMT

09 November, 2017

Alibaba seeks regulatory nod to buy into BigBasket

Chinese e-tailing giant Alibaba has sought formal approval from the Competition Commission of India to acquire a stake in the ......

Digital payments startup Benow acquires Finmo

TMT

08 November, 2017

Digital payments startup Benow acquires Finmo

Digital payments company Benow, incubated by BSE-listed IT firm Mastek, has acquired Gurgaon-based Finmo and its flagship product DigiBharat in ......

PayPal sets up shop in India, launches domestic payments biz

TMT

08 November, 2017

PayPal sets up shop in India, launches domestic payments biz

Digital payments company PayPal Holdings, Inc. has launched its domestic operations in India, it said in a statement on Wednesday.Both ......

Paytm to invest $769 million in payments biz

TMT

07 November, 2017

Paytm to invest $769 million in payments biz

One97 Communications Ltd, which operates mobile wallet Paytm, will invest close to Rs 5,000 crore ($769 million) in its payments ......

China's Fosun leads $10 million round in fin-tech startup Kissht

TMT

06 November, 2017

China's Fosun leads $10 million round in fin-tech startup Kissht

OnEMi Technology Solutions Pvt. Ltd, which runs lending startup Kissht, has raised $10 million (Rs 67 crore) led by China's ......

Paytm parent reports Rs 814 crore revenue for 2016-17

TMT

02 November, 2017

Paytm parent reports Rs 814 crore revenue for 2016-17

One97 Communications Ltd, which owns India’s largest digital payments company Paytm, has reported revenues of Rs 813.88 crore for 2016-17. ......

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

TMT

28 October, 2017

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

The supposed acquisition of Zo Rooms by online budget hotel aggregator OYO has come undone, according to a statement issued ......

Paytm Mall COO Amit Sinha on growth plans, festive season sales and more

TMT

27 October, 2017

Paytm Mall COO Amit Sinha on growth plans, festive season sales and more

Paytm Mall is going from strength to strength. The online marketplace backed by Chinese e-commerce giant Alibaba Group has charted ......

MobiKwik to invest Rs 400 crore for KYC compliance

TMT

25 October, 2017

MobiKwik to invest Rs 400 crore for KYC compliance

Just a week after the Reserve Bank of India released stricter guidelines on full know-your-customer (KYC) norms for prepaid payment ......

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