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Posts Tagged ‘ One97 Communications Ltd. ’

Goldman Sachs executive Mark Schwartz to join Paytm’s board

Monday, October 24, 2016 | More »

Mark Schwartz
One97 Communications Ltd, which runs mobile wallet and e-commerce platform Paytm, on Monday announced that Mark Schwartz, vice chairman of US-based investment banking major Goldman Sachs Group and chairman in Asia-Pacific, will join its board, according to a statement. Schwartz, who is currently bas...


Paytm gets Ruchita Taneja Aggarwal and Priya Karnik from Citibank for its payments bank

One97 Communications Pvt Ltd, which runs mobile payments and commerce platform Paytm, has roped in Ruchita Taneja Aggarwal and Priya Karnik of Citibank for its yet-to-launch payments bank. Aggarwal will head banking operations while Karnik will spearhead product development for banking operations se...

16 May, 2016 | More »


Jugnoo pushes back bigger funding plan, tops up Series B round

SoCoMo Technologies Pvt Ltd, which runs on-demand delivery services startup and auto-rickshaw aggregator Jugnoo, has raised more money at its existing valuation after pushing back a planned Series C funding round. The Chandigarh-based startup said on Monday it has raised an additional $10 million (R...

18 April, 2016 | More »


Ex-RBI exec Shinjini Kumar to head Paytm’s payments bank

Mobile wallet and e-commerce firm One97 Communications Ltd has appointed Shinjini Kumar, a former RBI executive and currently director at management consultancy firm PricewaterhouseCoopers (PwC), as CEO of its payments bank. Kumar is expected to take charge next month, according to separate media r...

19 February, 2016 | More »


IRCTC curbs on e-wallets may deter Paytm, Mobikwik users

The ministry of railways’ decision to bar consumers from using e-wallet and cash cards to book train tickets using the Indian Railways Catering & Tourism Corporation Ltd, or IRCTC, website for four hours daily could affect Paytm and Mobikwik’s plans to get train travellers to use the...

29 January, 2016 | More »

Vijay Shekhar Sharma, founder of Paytm

Paytm inks pact with Alibaba to enter US, China markets

One97 Communications Ltd, which runs mobile wallet and e-commerce venture Paytm, has inked a commercial agreement with NYSE-listed Alibaba Group Holding Ltd, its major investor, to expand its network to international markets such as the US and China, the Mint reported. The deal, in turn, will help...

27 January, 2016 | More »


Paytm VP Amit Lakhotia quits

Amit Lakhotia, vice president of payments at One97 Communications Ltd, which runs mobile wallet and e-commerce venture Paytm, has resigned from the company. Lakhotia told Techcircle.in that while he is yet to firm up his plans his priority will be to start his own company. Prior to joining Paytm in ...

14 January, 2016 | More »


Paytm to integrate hotel bookings on app

Mobile wallet and e-commerce marketplace Paytm will now allow hotel bookings on its platform. Paytm, run by One97 Communications Ltd, has tied up with online travel portals Goibibo, Ezeego1, TSI-Yatra and Via for domestic hotel booking, as per a press statement. In other words, Noida-based Paytm is ...

19 October, 2015 | More »


Exclusive: Paytm invests in AbhiBus and ClearTax

One97 Communications Ltd, which runs a mobile wallet and e-commerce marketplace under Paytm, has invested in bus ticketing platform AbhiBus and income tax filing website ClearTax, sources said. For more details on the transactions, click here. The investment in AbhiBus is particularly interesting as...

1 October, 2015 | More »


Paytm raises fresh funding from Alibaba, Ant Financial

One97 Communications Ltd, which runs mobile wallet and e-commerce venture Paytm, has raised an undisclosed amount in a fresh round of funding from NYSE-listed Alibaba Group Holding Ltd and existing investor Ant Financial. Ant Financial, a privately owned group firm controlled by Alibaba founder Jack...

29 September, 2015 | More »

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