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Posts Tagged ‘ PayTM ’

Alibaba Group’s global MD Gowrappan joins Paytm board

Thursday, October 27, 2016 | More »

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...


Exclusive: The sort of Indian fintech startups Orange Growth Partners is looking to invest in

Amsterdam-headquartered fintech investment firm Orange Growth Capital is setting foot in India. The three-year-old venture capital firm, which has a $150 million global fund, is focused on investments in Asia, Europe, Middle East and Africa. Operating out of Singapore in Asia, the firm has already e...

24 October, 2016 | More »

Mark Schwartz

Goldman Sachs executive Mark Schwartz to join Paytm’s board

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...

24 October, 2016 | More »


Why Freecharge badly needs a recharge

The news report last week that Japanese telecom and internet conglomerate Softbank Group Corp is in talks to invest in FreeCharge was the third in as many months speaking of fund-raise efforts by ecommerce company Snapdeal for its digital payments arm. Around a month ago, two people in the know of d...

13 October, 2016 | More »


Chinese search engine giant Baidu sets up $3 bn investment fund

Beijing-based search engine major Baidu Inc. has set up a 20 billion Yuan ($3 billion) fund to invest in the internet sector, the firm said on Wednesday. According to Reuters, the fund ‘Baidu Capital’ will focus on mid- and late-stage firms, with individual funding amounts ranging from $50 milli...

12 October, 2016 | More »

Karthik Rajeshwaran

Freecharge hires Karthik Rajeshwaran as director of strategy

Snapdeal-controlled digital payments platform FreeCharge has appointed former Obi Mobiles executive Karthik Rajeshwaran as director (strategy). Rajeshwaran will use his expertise to usher-in consumer centric innovations to expand revenue across new business opportunities, Freecharge said in a press ...

12 October, 2016 | More »


How ‘profitable’ RechargeitNow lost to ‘non-profitable’ funded startups

Sharat Jain is not sure today if his vision of keeping his company profitable, even if that came at the cost of having a small customer base, was right. Online Recharge Services Ltd, the firm which he launched in 2010 with two partners, is the only profitable venture in the online recharge industry ...

10 October, 2016 | More »


Paytm appoints ex-Citigroup executive Madhur Deora as CFO

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 | More »


Apple iPhone 7 pre-booking on Flipkart: Should you buy it?

The Flipkart-versus-Amazon battle will get fiercer in the days to come. With the big festive season sale due in the coming week, Flipkart, India’s largest e-commerce firm, has a little edge over its arch rival this time. What gives Flipkart that edge is the big partnership with Apple Inc. to sell ...

29 September, 2016 | More »


From pizzas to insurance, IRCTC is making train travel hassle-free

Indian Railway Catering and Tourism Corporation (IRCTC), a subsidiary of the government-controlled Indian Railways, has introduced several initiatives in September to improve commute experience for millions of travellers as well as develop the economy of an area. IRCTC, which started with booking 29...

27 September, 2016 | More »

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