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Ant Financial offloads more stake in Paytm for $247 mn

Finance

25 August, 2023

Ant Financial offloads more stake in Paytm for $247 mn

Chinese financial conglomerate Ant Financial on Friday offloaded a 3.6% stake in Indian fintech company Paytm for Rs 2,037 crore ......

Paytm's Sharma to acquire Ant Financial's 10.3% stake

TMT

07 August, 2023

Paytm's Sharma to acquire Ant Financial's 10.3% stake

Paytm Chairman Vijay Shekhar Sharma will buy a 10.3% stake worth $628 million in the firm he founded from an ......

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Chari's Belkhayat on building a Moroccan version of Udaan, Khatabook and Paytm combined

TMT

31 July, 2023

Chari's Belkhayat on building a Moroccan version of Udaan, Khatabook and Paytm combined

Chari, a B2B ecommerce platform that seeks to help small retailers source goods in Morocco, has made headlines for attracting ......

Hitachi Payments takes over Writer Corp's cash management biz

Finance

26 July, 2023

Hitachi Payments takes over Writer Corp's cash management biz

Integrated payment solutions provider Hitachi Payment Services on Wednesday said it has entered into a pact to acquire the cash ......

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SoftBank takes another haircut from one of its biggest bets in India

TMT

18 July, 2023

SoftBank takes another haircut from one of its biggest bets in India

SoftBank, a Japanese multinational firm known for its big-ticket private equity investments in new age technology companies via its multi-billion-dollar ......

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How India's highest-paid startup founders busted ‘pay and perks' records in FY22

People

26 June, 2023

How India's highest-paid startup founders busted ‘pay and perks' records in FY22

Year 2021 was not just a period of excess in terms of venture capital investors falling over each other to ......

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Private equity exit deals reverse course, slump to five-year low in FY23

Finance

24 May, 2023

Private equity exit deals reverse course, slump to five-year low in FY23

The number of private equity exit transactions fell to their lowest level in at least five years during the 12 months through ......

General Atlantic commits another $100 mn to PhonePe

TMT

22 May, 2023

General Atlantic commits another $100 mn to PhonePe

Global private equity firm General Atlantic on Monday said it has made another $100 million (Rs 820 crore) investment in ......

Paytm elevates Bhavesh Gupta as COO

People

16 May, 2023

Paytm elevates Bhavesh Gupta as COO

One 97 Communications, which operates digital payments firm Paytm, on Tuesday said it has elevated Bhavesh Gupta as its president ......

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SoftBank takes another haircut from one of its top bets in India

TMT

11 May, 2023

SoftBank takes another haircut from one of its top bets in India

SoftBank, a Japanese multinational firm known for its big-ticket investments in new age technology companies via its multi-billion-dollar Vision Fund ......