Posts Tagged ‘ payments ’
Tuesday, March 21, 2017
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...
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |