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

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

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

Paytm's Sharma, Mahesh Murthy on cloud 9 as Musk hints at summer launch for Tesla

Dearton Thomas Hector

It was just a 23-character tweet. But it came from Elon Musk, the maverick founder of electric vehicles giant Tesla Motors. And ....

8 February, 2017

Storm in Bombay House over, Ratan Tata to resume startup investing soon

Manu P Toms

Tata Sons interim chairman Ratan Tata has said he would go back to investing in startups this month after handing over the reins ....

7 February, 2017

Paytm E-Commerce set to raise $252 mn in round led by Alibaba

Arti Singh

Paytm E-Commerce Pvt. Ltd, the online marketplace arm of One97 Communications, is set to raise $200-252 million (Rs 1,350-1,700 ....

3 February, 2017

Budget 2017: BHIM at centre stage, not digital payment startups

Arti Singh

Union budget 2017 has clearly put the spotlight on digitisation, but that hasn't really got players in the digital payment space ....

1 February, 2017

PayU to widen fintech play, bets on cross-border payments, offline business

Arti Singh

Naspers-owned payments gateway PayU India is betting big on the fintech space in India. While its primary focus will be on payments, ....

28 February, 2017