Posts Tagged ‘ One97 Communications ’
Friday, March 10, 2017
India’s top digital wallet Paytm on Thursday reversed the 2% levy on top-ups via credit cards it had introduced a day earlier, saying it was doing so keeping users’ convenience in mind and that it would instead put in place new mechanisms to check misuse. “We are conscious that this mo...
Anil Ambani-controlled Reliance Capital Ltd has sold its nearly 1% stake in digital wallet company Paytm for Rs 275 crore ($41 million) to China’s Alibaba Group, a report by Press Trust of India stated, citing unnamed sources. Reliance Capital had put in Rs 10 crore for its investment in the w...
7 March, 2017 |
Paytm E-Commerce Pvt. Ltd, the online marketplace arm of One97 Communications, is set to raise $200-252 million (Rs 1,350-1,700 crore) in an investment round led by Chinese internet giant Alibaba Group Holding Ltd, a major financial daily reported on Friday. The funding round, which marks Alibaba...
3 February, 2017 |
Digital payments firm Paytm has finally got regulatory approval to launch its much-awaited payments bank. “Today, the Reserve Bank of India gave permission to formally launch Paytm Payments Bank. We can’t wait to bring it in front of you,” founder Vijay Shekhar Sharma wrote in a blogpost o...
3 January, 2017 |
American online retail giant Amazon.com Inc. is reportedly trying to establish its presence in Singapore, in what could be a step towards tapping the Southeast Asian market. “Amazon is covertly acquiring assets, including refrigerated trucks, and making new hires as part of an initiative led by he...
3 November, 2016 |
Mobile payment and e-commerce company Paytm, owned by One97 Communications has appointed former Citigroup executive Madhur Deora as it chief financial officer and senior vice president, according to a statement. Deora, an alumnus of Wharton School, was earlier with Citigroup Investment Banking as ma...
6 October, 2016 |
Paytm, a digital goods and services marketplace from Noida-headquartered One97 Communications Ltd, has taken the wraps off its mobile-only shopping marketplace where the mobile app comes integrated with a digital wallet for payments. The firm said the app features more than 100,000 items from 250 me...
6 February, 2014 |
Noida-based mobile internet firm One97 Communications Ltd is launching a mobile-only marketplace where users will be able to purchase products offered by its partner merchants using the company’s existing Paytm app. The m-commerce platform, which will go live by the end of this month, will offer a...
16 January, 2014 |
Paytm, a digital goods and services marketplace from One97 Communications, is all set to launch semi-closed wallet post securing license from RBI. This will enable users to use this wallet across various services on Paytm. Paytm currently offers closed wallet to users for recharging their prepaid ph...
2 January, 2014 |
Bangalore-based Plustxt Mobile Solutions Pvt Ltd, a one-year-old startup which has been recently acquired by One97 Communications Pvt Ltd for under $2 million in a cash-and-equity deal, is now looking to exploit significant synergies with the Noida-based mobile internet firm, especially around an In...
13 August, 2013 |