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Posts Tagged ‘ MasterCard ’

BharatQR code: Another milestone on the less-cash road?

Tuesday, February 21, 2017 | More »

Following its demonetisation move on November 8 last year, the government has taken a series of steps towards a less-cash, digital economy, notable among them being the Unified Payments Interface (UPI) and the BHIM app. With the launch of BharatQR code, the world’s first interoperable payment acce...

Sandeep Naik

We are bullish about Mu Sigma: General Atlantic’s Sandeep Naik

US-based private equity firm General Atlantic has no plans to sell its stake in Mu Sigma Inc, the Big Data analytics company led by Dhiraj Rajaram, a top official told VCCircle. Sandeep Naik, head of General Atlantic’s India and Asia- Pacific business, said that the PE firm has not approached Cana...

13 October, 2016 | More »

Dhiraj Rajaram

Dhiraj Rajaram gains controlling stake in Mu Sigma; becomes CEO

The founder of data analytics firm Mu Sigma Inc., Dhiraj Rajaram, is back as the CEO of the company after his former wife Ambiga Subramanian stepped down from the post. Rajaram took over as the CEO last Friday. Subramanian sold her entire stake to Rajaram, resulting in him having a controlling stake...

4 October, 2016 | More »


Mu Sigma CEO Ambiga Subramanian plans own venture

Ambiga Subramanian, chief executive of data analytics firm Mu Sigma, is reportedly planning to launch her own venture. Subramanian also plans to take some key executives from the firm founded by her former husband, Dhiraj Rajaram, according to a report by The Economic Times on Friday, citing anonymo...

23 September, 2016 | More »


Impact Guru selected to run a global crowdfunding challenge

Indian crowdfunding platform Impact Guru has been selected by the Singapore Committee for UN Women to run a global challenge, called Project Inspire, to support 20 social entrepreneurs working towards women’s empowerment. Project Inspire, co-founded by Singapore Committee for UN Women and Mast...

19 September, 2016 | More »


MasterCard invests in online payment gateway Razorpay

Bangalore-based online payment gateway startup Razorpay Software Pvt. Ltd has received an undisclosed investment from American payments and financial services company MasterCard, it said in a statement. Since late 2015, the startup has been working with the MasterCard Start Path programme that accel...

1 July, 2016 | More »


Fintech startup TranServ hires former MasterCard, MobiKwik executives

Mumbai-based digital payments company TranServ Pvt Ltd has strengthened its top deck with two senior-level appointments. The company has appointed Salil Mody as senior vice president of corporate strategy and Ushpinder Singh as senior vice president and head of its merchant business. Mody, who most ...

11 May, 2016 | More »


Retailers push into crowded mobile payment market

Big retailers are muscling in on the likes of Visa, MasterCard and Google in a fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty. Stores such as British supermarket Tesco and France’s Auchan hope their “digital wal...

7 April, 2014 | More »


MasterCard buys Sam Pitroda’s mobile wallet firm C-SAM

Global financial services company MasterCard Worldwide has acquired C-SAM Inc, a mobile wallet and on-device solutions firm founded by Sam Pitroda, advisor to the Prime Minister of India and head of the National Innovation Council. The financial details of the deal are not disclosed. With this acqu...

24 February, 2014 | More »


Visa CEO calls digital wallet fee on PayPal ‘appropriate’

Visa Inc Chief Executive Charlie Scharf suggested on Wednesday that the payment network may impose a fee on digital wallet operators like PayPal, following rival MasterCard Inc. MasterCard said earlier this year that it plans a new fee for digital wallet operators starting in June. PayPal is not an ...

21 March, 2013 | More »

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