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Posts Tagged ‘ Mobile Wallet ’

Alibaba Group’s global MD Gowrappan joins Paytm board

Thursday, October 27, 2016 | More »

Alibaba Group’s global managing director K Guru Gowrappan has joined Paytm’s board as an additional director. This marks the third top-level appointment in the digital wallet firm during the last one week. On October 20, Paytm announced that Amit Singhal, the former head of Google search...


Exclusive: China’s Tencent close to investing more than $150 mn in FreeCharge

Snapdeal, India’s third-largest e-commerce venture is in talks with Chinese Internet giant Tencent to raise more than $150 million for its digital payments platform FreeCharge, a person close to the development told VCCircle. “Tencent and FreeCharge have had intense discussions over the past two...

31 August, 2016 | More »


MobiKwik to power e-cash payments on IRCTC’s Food on Track app

Mobile payments company MobiKwik and Indian Railway Catering and Tourism Corporation (IRCTC) have tied up to allow travelers to make e-cash payments on IRCTC’s e-catering app Food on Track. MobiKwik will power e-cash payments on the Food on Track app, which allows passengers to book food from ...

2 August, 2016 | More »


MobiKwik and FreeCharge trade barbs as mobile wallet war gets nasty

Which is the number two mobile wallet company in the country? That question has sparked off an online spat between digital recharge platform and mobile wallet venture MobiKwik, run by One MobiKwik Systems Pvt Ltd, and Snapdeal-owned rival FreeCharge. A Nielsen report on mobile wallets released last ...

16 June, 2016 | More »


MobiKwik gets $50M from Japan’ GMO, Taiwan’s MediaTek, others

Gurgaon-based One MobiKwik Systems Pvt Ltd, which runs online recharge platform and mobile wallet venture MobiKwik, has raised $50 million in its Series C round led by Japan’s GMO Payment Gateway and Taiwanese semiconductor company MediaTek. Existing investors Sequoia Capital and Tree Line Asi...

3 May, 2016 | More »


Fintech startup TranServ raises $15M from IDFC fund, Micromax

Digital payments firm TranServ Pvt Ltd has raised $15 million (Rs 100 crore) in its Series C round of investment led by venture capital fund IDFC SPICE and consumer electronics maker Micromax Informatics Ltd. Existing investors Nirvana Venture Advisors and Faering Capital India Evolving Fund also pa...

26 April, 2016 | More »


Oxigen launches mWallet for sharing money on social networks

Payment solutions provider Oxigen today launched its mobile wallet (mWallet) service, Oxigen Wallet, through which users can transfer money, purchase gifts for their friends and family on social networking platforms. Besides, users would also be able to use their wallet to recharge their mobile phon...

13 August, 2014 | More »


Mobikwik enables customers to transfer cash offline & store in their mobile wallet

Gurgaon-based One MobiKwik Systems Pvt Ltd that runs online recharge platform Mobikwik.com, has added a new feature to its mobile wallet app that enables its customers to transfer cash offline and deposit into their wallet, instead of transferring the amount online from their bank accounts. How it w...

3 March, 2014 | More »


‘Mobile wallet’ company valued at $3B

A technology company racing to become the default “wallet” on mobile devices has been valued $3.25bn in its latest fundraising, confirming its status as one of Silicon Valley’s hottest start-ups. Square, a San Francisco mobile payments company started and led by Jack Dorsey, the co-founder of ...

18 September, 2012 | More »

Airtel Money Goes Pan India, Rolls Out Services In 300 Cities

Bharti Airtel has expanded its mobile wallet service Airtel Money through its wholly owned subsidiary Airtel M Commerce Services Ltd. The service is now available in more than 300 key cities in India. Initially the service was launched in Delhi NCR and Chennai in May 2011. In 2010, Airtel M Commerc...

23 February, 2012 | More »

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