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Posts Tagged ‘ Vijay Shekhar Sharma ’

Paytm to merge wallet business with payments bank

Monday, December 5, 2016 | More »

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One97 Communications Ltd, the owner of digital wallet Paytm, said on Monday it will merge its wallet business with its upcoming payments bank to comply with Reserve Bank of India’s directions. The digital wallet will be transferred after the company gets necessary regulatory approval to start Payt...

Vijay Shekhar Sharma

Why Paytm halted mobile PoS rollout just a day after launch

Just a day after the blockbuster launch of its mobile point-of-sale (PoS), mobile wallet firm Paytm has halted the rollout of its App PoS. The launch – which would have taken Paytm’s total merchants count from 15 lakh to 1.5 crore in just a week (as per the company’s claims) – has be...

25 November, 2016 | More »

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Career advice portal TapChief raises funding from Paytm, TaxiForSure’s founder, others

Bengaluru-based TapChief, owned by Pilani Experts Technology Labs Pvt. Ltd, has secured an undisclosed amount of funding from Paytm, TaxiForSure’s Aprameya Radhakrishna, Fisdom’s Subramanya Venkat and Nu Ventures’ Venk Krishnan, it said in a statement. The funds will be used to develop a ‘co...

25 November, 2016 | More »

Vijay Shekhar Sharma, Founder, Paytm

Paytm founder on mobile PoS app, payments bank launch, marketing spend and more

Mobile wallet firm Paytm, which claims to have over 158 million customers in India, has launched what it called India’s first mobile point-of-sale application, App PoS. It will act as a virtual PoS that will enable small merchants to accept all card payments including Rupay, Visa, MasterCard and M...

23 November, 2016 | More »

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P2P home rental startup NoBroker raises funding from Vijay Shekhar Sharma

Bengaluru-based NoBroker Technologies Solutions Pvt. Ltd, which runs a peer-to-peer (P2P) property listing portal for renting homes NoBroker.com, has raised an undisclosed amount of investment from Paytm founder Vijay Shekhar Sharma. The investment will help NoBroker.com in its next phase of growth ...

15 November, 2016 | More »

Money

Digital wallet firms see unprecedented growth after ban on high value notes

Prime Minister Narendra Modi’s unexpected call to abolish Rs 500 and Rs 1,000 banknotes has been welcomed with open arms by digital payment companies as they experience unparalleled growth on their platforms after the announcement. The move, it seems, validates their efforts to move the Indian con...

9 November, 2016 | More »

Deepak Abbot, senior vice president of product growth, Paytm

Paytm hires Times Internet’s Deepak Abbot to beef up product team

One97 Communications Ltd, which runs mobile wallet and e-commerce platform Paytm, has hired executive Deepak Abbot from Times Internet Ltd as senior vice president of product growth. The development was first reported by the Medianama website on Wednesday. When contacted, a Paytm spokesperson told T...

2 November, 2016 | More »

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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 »

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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 »

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Flipkart’s Bansals are no more billionaires, shows Hurun India Rich List

The wealth of e-commerce major Flipkart’s Sachin Bansal and Binny Bansal (not related) has eroded significantly and they have been dropped off from the billionaires’ list, according to the latest Hurun India Rich List. The latest ranking by the financial research firm that focuses on wealth stat...

13 September, 2016 | More »

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