Home > Archive by tag 'payments'

Posts Tagged ‘ payments ’

Enterprise payments firm Airpay secures Series A funding from Kalaari Capital, others

Tuesday, March 21, 2017 | More »

For-Airpay-Fundraise-Story-TC_ThinkstockPhotos-505770038
Mumbai-based payment services startup Airpay has raised Rs 24 crore ($3.6 million) as part of a Series A round led by Kalaari Capital and existing investors Rakesh and Rajesh Jhunjhunwala. The company, operated by Airpay Payment Services Pvt. Ltd, will use the funds to build its technology, sales, d...

IDG, Accion to invest more in CreditMantri

Fin-tech sees sharp funding slowdown, but there’s a silver lining: KPMG

Venture capital (VC) investments in India’s fin-tech sector nosedived to a mere $216 million in 2016, a far cry from the previous year’s $1.6 billion, according to KPMG International’s quarterly report on global fin-tech investment that was released Wednesday. “This decrease high...

22 February, 2017 | More »

PhonePe

Flipkart-owned PhonePe crosses 10 million downloads in two months

Mobile payments entity PhonePe Internet Pvt. Ltd has crossed the 10 million downloads mark on the Google Play Store. The Flipkart-owned PhonePe, which launched its app based on the unified payment interface (UPI) platform about two months back, gained traction after the government’s demonetisation...

11 January, 2017 | More »

pexels-photo-29781

Payments startup instantPay secures pre-series A funding

New Delhi-based SMSdaak India Ltd, which operates digital payments startup instantPay, has raised between $3 million and $5 million (Rs 20 crore to Rs 34 crore) in pre-series A funding from Singapore-based RB Investments and Kaleden Holdings. The capital will be utilised for geographic expansion and...

30 December, 2016 | More »

handshake-440959_fe

Oxigen partners with eBay for assisted retail

Payment solution provider Oxigen Services has got into a partnership with online marketplace eBay India, according to a press statement. This association will help Oxigen Services customers access over 100 million product listings on www.ebay.in. Under this association, Oxigen brings a unique O2O so...

22 November, 2016 | More »

PAYTM_Ankit_fe

Alibaba Group’s global MD Gowrappan joins Paytm board

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...

27 October, 2016 | More »

PAyment12

It may not be a cakewalk for mobile wallet firms, warn panellists at Techcircle forum

Following the introduction of unified payments interface (UPI)—that empowers users to initiate payment requests from a smartphone without using credit or debit card and internet banking—by the Reserve Bank of India (RBI), mobile wallet firms have to collaborate with banks to remain relevant and ...

20 May, 2016 | More »

Vikrant-Khorana2

Mobile payments startup JunoTele names former PayU exec as CBO

Mobile payments platform JunoTele has appointed former PayU Money executive Vikrant Khorana as chief business officer. Khorana will be responsible for sketching a strategic roadmap for JunoTele, generating fresh revenue streams and expanding to new territories, according to a statement. Khorana prev...

2 May, 2016 | More »

Fareed-Jawad_02

Freecharge hires former Amazon executive as VP of payments

Snapdeal controlled digital payments platform Freecharge has roped in former Amazon India executive Fareed Jawad as vice president of payments and principal product architect. At Amazon, Jawad was the principal product architect, responsible for building the core payment processing infrastructure fo...

27 April, 2016 | More »

gharpay_feature

Taking On Cash On Delivery For E-com Vendors: Gharpay

For a company that started on a motorbike (mind you not a garage) being tethered to ground realities of doing business in India would come naturally. So when Hyderabad-based Gharpay (‘ghar’ stands for home in Hindi) started around a year back it had a clear roadmap of tapping on to the explosion...

24 November, 2011 | More »

Page 1 of 212