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Posts Tagged ‘ Vijay Shekhar Sharma ’

Paytm appoints ex-Citigroup executive Madhur Deora as CFO

Thursday, October 6, 2016 | More »

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...


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 »


Exclusive: Paytm valued at $4.8 bn in new funding round

One 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, has received commitment of $60 million (Rs 403 crore) from Taiwanese chipmaker MediaTek Inc.’s Mountain Capital fund as part of its ongoing fundraising exercise. A person directly familiar with the development...

29 August, 2016 | More »


Alibaba may pick majority stake in Paytm’s e-commerce biz

Chinese e-commerce company Alibaba Group Holding is likely to pick a majority stake in the e-commerce business of One97 Communications Pvt Ltd, the company that also runs mobile payment and commerce platform Paytm. One97 will soon be separating its e-commerce operations from the mobile payment and...

25 August, 2016 | More »


Ed-tech startup Unacademy gets funding from Flipkart, Paytm founders

Sorting Hat Technologies Pvt. Ltd, which runs educational-technology platform Unacademy, has raised Rs 6.7 crore ($1 million) from a clutch of investors including Flipkart co-founders Sachin Bansal and Binny Bansal and Paytm founder Vijay Shekhar Sharma. The Economic Times, which first reported the ...

24 August, 2016 | More »


Why Big Bazaar tied up with Paytm

Kishore Biyani has been extremely critical of the business model followed by e-commerce companies in the past. The founder and group CEO of one of India’s largest organised retailer Future Group, however, cannot close his eyes to the potential of e-commerce and the ever-growing base of custome...

5 August, 2016 | More »


Future Group ties up with Paytm to take Big Bazaar online

Retail company Future Group has tied up with mobile payments and commerce platform Paytm to enable Paytm users to shop for Big Bazaar merchandise on the online marketplace and get it delivered to their homes. The tie-up will make Big Bazaar the anchor store on the Paytm marketplace. Further, custome...

4 August, 2016 | More »


Women-focused jobs portal Sheroes gets $1.8 mn from Lumis Partners, others

Sheroes, a career platform for women, has raised Rs 12 crore in a Series A round of funding led by Gurgaon-based investment firm Lumis Partners. The HR Fund, angel investor Rajul Garg and existing investor Raghav Bahl-led Quintillion Media also participated in the round, according to a press stateme...

2 August, 2016 | More »


Here’s what tech leaders are saying about Yahoo’s sale to Verizon

Yahoo! Inc.’s sale to Verizon Communications Inc. marks the end of an era for the Internet pioneer. The $4.83 billion price tag for a company which was once valued at $128 billion during the dotcom boom has become the talk of the town. Since the deal’s announcement leaders from the tech ...

26 July, 2016 | More »


Will Amazon & Alibaba be the final victors in Indian ecommerce battle?

Celebrity promoters, farcical valuations, endless chase of customers with no sign of profits in sight, imminent fund crunch and questions over growth have kept the Indian ecommerce industry in news for a while. Competition from global giants such as Amazon and Alibaba has triggered debate on whether...

4 July, 2016 | More »

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