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Paytm Payments Bank goes live, offers 4% interest rate

TMT

23 May, 2017

Paytm Payments Bank goes live, offers 4% interest rate

After Airtel and India Post, Vijay Shekhar Sharma's digital wallet firm Paytm has become the third entity to launch a ......

SoftBank to get $1 bn from Japan's Sharp for Vision fund

TMT

18 May, 2017

SoftBank to get $1 bn from Japan's Sharp for Vision fund

Sharp Corp said on Thursday it would invest up to $1 billion in SoftBank Group’s planned $100 billion Vision fund ......

Paytm raises $1.4 bn from SoftBank; valuation jumps

TMT

18 May, 2017

Paytm raises $1.4 bn from SoftBank; valuation jumps

One97 Communications Ltd, the parent of digital wallet Paytm, has raised $1.4 billion (about Rs 9,000 crore) from Japan’s SoftBank ......

Snapdeal's legal head quits amid merger talks with Flipkart

People

16 May, 2017

Snapdeal's legal head quits amid merger talks with Flipkart

Ashish Chandra, general counsel at Snapdeal, has stepped down from the company as the e-commerce firm’s merger talks with bigger ......

Nikhil Vora harvests 75-fold gain from Paytm stake sale

TMT

16 May, 2017

Nikhil Vora harvests 75-fold gain from Paytm stake sale

Nikhil Vora, Founder & CEO, Sixth Sense Ventures Nikhil Vora, an early investor in One97 Communications Ltd, has sold...

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Actis-backed Ostro buying string of solar projects from Suzlon for $150 mn

Infrastructure

10 May, 2017

Actis-backed Ostro buying string of solar projects from Suzlon for $150 mn

Ostro Energy Pvt. Ltd, the renewable energy platform set up by private equity firm Actis, is set to acquire several ......

SoftBank posts $1.4-bn loss on Snapdeal, Ola investments

TMT

10 May, 2017

SoftBank posts $1.4-bn loss on Snapdeal, Ola investments

Japanese investor and Internet giant SoftBank Group Corp has reported a valuation loss of $1.4 billion on its two ......

Ola raises $104 mn more from Falcon Edge, Ratan Tata fund

TMT

03 May, 2017

Ola raises $104 mn more from Falcon Edge, Ratan Tata fund

Cab-hailing firm Ola, operated by ANI Technologies Pvt. Ltd, has raised Rs 670 crore ($104.4 million) in a fresh round ......

Snapdeal board meeting fails to break SoftBank-Nexus deadlock

TMT

02 May, 2017

Snapdeal board meeting fails to break SoftBank-Nexus deadlock

The potential merger between Indian e-commerce companies Flipkart and Snapdeal continues to hang in the balance with a crucial board ......

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How much would Kalaari and Nexus reap from Snapdeal exit?

TMT

25 April, 2017

How much would Kalaari and Nexus reap from Snapdeal exit?

Venture capital investors typically depend on a handful of portfolio companies for blockbuster returns that could help them offset losses ......

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