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Posts Tagged ‘ One 97 Communications Ltd. ’

Exclusive: Paytm valued at $4.8 bn in new funding round

Monday, August 29, 2016 | More »

One 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, has received commitment of $60 million (Rs 403 crore) from Taiwanese chipmaker MediaTek Inc.’s Mountain Capital fund as part of its ongoing fundraising exercise. A person directly familiar with the development...


Paytm ropes in ex-RBI exec Vipin Surelia for payments bank

In a major move for its proposed payments bank, One97 Communications Pvt Ltd, which runs mobile payments and commerce platform Paytm, has roped in former Reserve Bank of India (RBI) deputy general manager Vipin Surelia as vice president to spearhead its risk and compliance division. Paytm, which rai...

14 April, 2016 | More »


Paytm appoints Alibaba executive as president

One97 Communications Ltd, which runs mobile wallet and e-commerce platform Paytm, has appointed former Alibaba Group Holding executive Bhushan Patil as its president. Patil, who headed Alibaba Group’s wholesale business, will be responsible for building Paytm’s cross-border commerce business, th...

28 March, 2016 | More »


Barclays’ Krishna Hegde to head key division at Paytm’s payments bank

One97 Communications Ltd, which operates mobile wallet Paytm, has appointed Barclays executive Krishna Hegde to head the consumer investment products division of its new payments bank. “Hegde will be spearheading a vital area of growth for the payments bank by leading and building, bottom up, the ...

24 February, 2016 | More »


Paytm’s Sharma and SAIF’s Goel join Little as directors

Paytm’s Vijay Shekhar Sharma and SAIF Partners’ Alok Goel have joined the board of Little Internet Pvt Ltd which runs deal discovery platform Little as directors. “Online-to-offline is a fantastic opportunity and Sharma’s expertise brings a lot of value to the team. Paytm will add gr...

2 December, 2015 | More »

Abhishek Rajan

Myntra’s Abhishek Rajan to head Paytm’s travel business

Mobile wallet and e-commerce marketplace Paytm, run by Noida-based One97 Communication Ltd, has appointed Myntra’s Abhishek Rajan as head of its travel unit. The development was first reported by The Economic Times quoting Paytm founder and CEO Vijay Shekhar Sharma. A Paytm spokesperson did not re...

24 November, 2015 | More »

Jugnoo secures fresh funding from Paytm

SoCoMo Technologies Pvt Ltd, which runs on-demand delivery services startup Jugnoo, has raised fresh funding from mobile wallet and e-commerce marketplace Paytm. The Times of India, which first reported the development, said that Jugnoo has secured $10 million from Paytm’s parent One97 Communica...

2 November, 2015 | More »


Paytm to integrate hyperlocal services on app

You will soon be able to book movie tickets, order food and get neighbourhood deals on the Paytm app. Mobile wallet & e-commerce venture Paytm (run by One97 Communication Ltd) has joined hands with players such as BookMyShow (movie tickets), Zomato (food delivery) and others to enable hyperlocal...

12 October, 2015 | More »