How SoftBank has spun its web across India's internet companies

Anand J

SoftBank is the new IPO. For startups struggling to turn in profits, an initial public offering remains an unattractive proposition. ....

23 April, 2018

NPCI to run pilot on proximity payments, ropes in 3 startups

Anirban Ghoshal

Digital payments supervising body National Payments Corporation of India (NPCI) is running a pilot project on proximity-based ....

20 April, 2018
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Love thy neighbour: How Chinese cheques are fuelling Indian startups

Anand J

The early days of the venture capital boom saw money flowing into India from all parts of the world. Funding started to dry up ....

18 April, 2018

As Jio partners Sodexo, do more digital players have appetite for food coupons?

Anand J & Binu Paul

Digital wallet JioMoney's tie-up with Sodexo could potentially shake up the food coupon space as an instrument once deemed ....

13 April, 2018

Paytm makes maiden capital infusion into yet-to-launch wealth management arm

Vijayakumar Pitchiah

Digital payments firm Paytm’s yet-to-launch investment and wealth management services arm, Paytm Money, has received its ....

2 April, 2018

Flipkart invests $80 mn into payments arm PhonePe

Vijayakumar Pitchiah

Phonepe Pvt Ltd, the payment arm of homegrown e-commerce firm Flipkart, has received Rs 518.22 crore ($80 million) in a fresh ....

23 March, 2018
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Impostors may scam UPI users out of their digital money

Anirban Ghoshal

People transferring money digitally through government-backed Unified Payments Interface (UPI) may be targeted by fraudsters posing ....

14 March, 2018

PhonePe takes issue with Paytm's claims of UPI dominance

Binu Paul

PhonePe, the payments app of e-commerce firm Flipkart, has termed digital payments firm Paytm’s claim of being the largest ....

9 March, 2018

Google takes on WhatsApp, launches chat option in payments app Tez

Anirban Ghoshal

In a move to up the ante against WhatsApp’s payments feature, search engine giant Google has introduced a chat option in ....

7 March, 2018

Has Paytm's foray into movie ticketing hurt BookMyShow, TicketNew?

Dearton Thomas Hector & Anand J

Online movie ticketing platform BookMyShow’s revenue growth slowed while peer TicketNew’s sales fell after a new cash-rich ....

6 March, 2018
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Fosun-backed fintech startup Kissht will now lend directly to customers

Bruhadeeswaran R

OnEMi Technology Solutions Pvt. Ltd, which runs lending startup Kissht, has set up an in-house non-banking finance company (NBFC) ....

26 February, 2018

Paytm appoints senior lawyer Pallavi Shroff as board director

Dearton Thomas Hector

One97 Communications Ltd, which runs mobile wallet Paytm, has appointed Pallavi Shroff, founder and managing partner at law firm ....

19 February, 2018

Paytm's Vijay Shekhar Sharma cries foul over WhatsApp Pay; draws flak from peers

Anirban Ghoshal

The National Payments Corporation of India (NPCI), the umbrella body which oversees digital payments in the country, on Friday ....

16 February, 2018

To decode Alibaba's India strategy, look no further than Paytm Mall

Binu Paul & Anand J

As foreign players hone in on India, Alibaba is doing things its own way as it seeks to gain a foothold in the online retail space. ....

13 February, 2018

WhatsApp rolls out beta version of UPI-based payments feature

Anirban Ghoshal

After months of speculation, instant-messaging platform WhatsApp has finally started India rollout of its payments service in ....

9 February, 2018

MobiKwik thinks its new SaaS offering will change how firms handle reimbursements

Anirban Ghoshal

Digital payments firm MobiKwik has launched a digital enterprise solutions suite which it says will simplify corporate processes ....

7 February, 2018

Paytm valuation jumps as staff reaps windfall from stock options

Shweta Sharma

Digital payments firm Paytm, run by One97 Communications Ltd, said on Monday its valuation has jumped close to $10 billion (Rs ....

29 January, 2018

What prompted Paytm to roll back 2% fee on wallet top-up via credit cards?

Arti Singh

India's top digital wallet Paytm on Thursday reversed the 2% levy on top-ups via credit cards it had introduced a day earlier, ....

10 March, 2017

Why Paytm levied 2% fee on top-up via credit card, and MobiKwik seized the moment

Arti Singh

India's mobile wallet companies have a knack for being in the news. Just a day after Vijay Shekhar Sharma-led market leader Paytm ....

9 March, 2017

Anil Ambani's Reliance Capital sells its stake in Paytm for $41 mn

Arti Singh

Anil Ambani-controlled Reliance Capital Ltd has sold its nearly 1% stake in digital wallet company Paytm for Rs 275 crore ($41 ....

7 March, 2017

Will abundant cash supply spoil the m-wallet party?

Arti Singh

Without a doubt, digital wallets have been the biggest beneficiary of Prime Minister Narendra Modi's November move to scrap high-value ....

9 February, 2017