PayPal to buy fraud detection startup led by Indian-origin founders


PayPal Holdings Inc has agreed to acquire fraud prevention technology company Simility for $120 million in cash, it ....

22 June, 2018

Pine Labs secures $125 mn from Temasek, PayPal

Shweta Sharma

Singapore state investment firm Temasek and American payments giant PayPal Holdings Inc. have invested a total of $125 million ....

31 May, 2018

Early-stage fintech startups Impact Micro Ventures, mPokket to get funding

Shweta Sharma

Impact Micro Ventures and mPokket - both early-stage fintech startups - will receive offers of $50,000 (Rs 32.5 lakh) each from ....

20 March, 2018

Flipkart may raise $1.5 bn from Tencent and eBay

Vijayakumar Pitchiah

Homegrown e-commerce major Flipkart is in talks to raise $1.5 billion (Rs 10,000 crore) from Chinese Internet giant Tencent and ....

16 March, 2017

Flipkart in talks to raise $1.5 bn from Microsoft, eBay and others

Binu Paul

Home-grown ecommerce major Flipkart is in talks with a bunch of investors to raise a significantly large round of investment as ....

22 February, 2017

eBay fires product, tech team in India

Dearton Thomas Hector

US-based online selling platform eBay Inc has laid off the entire product and technology team from its India development centre ....

9 November, 2016

ClearTax raises $2 mn in pre-Series A funding from FF Angel, Sequoia

Priya Prasad

Income tax returns e-filing platform ClearTax, run by Defmacro Software Pvt. Ltd, has raised $2 million (around Rs 13.3 crore) ....

26 May, 2016

ClearTax raises angel funding from PayPal's Max Levchin, Silicon Valley investors

Priya Prasad

Defmacro Software Pvt Ltd, which runs income tax returns e-filing platform ClearTax, has secured $1.3 million (around Rs 8.6 ....

26 April, 2016

eBay explores sale or IPO for enterprise unit; payments & enterprise business now bigger than e-com marketplace

Priyanka Sahay

E-commerce giant eBay.Inc. plans to sell or float an initial public offering (IPO) for its enterprise unit, eBay Enterprise and ....

22 January, 2015

eBay bows to investors call, to spin off PayPal as separate listed company

Sainul K

E-commerce giant eBay Inc. bowed down to investors pressure to split into two by spinning out its payments unit PayPal. The company ....

1 October, 2014

PayPal appoints Vikram Narayan as country manager for India

Anand Rai

Online payments major PayPal has appointed Vikram Narayan as its country manager and managing director for India. According to ....

4 August, 2014

Rakesh 'Rocky' Agrawal fired after his Twitter outburst against senior execs at PayPal

Sainul K

Rakesh 'Rocky' Agrawal, who was appointed as director (strategy) by PayPal early last month, has been asked to leave the company ....

5 May, 2014

PayPal appoints Rakesh 'Rocky' Agrawal as director of strategy

Sainul K

Online payments major PayPal has roped in Rakesh 'Rocky' Agrawal as director of strategy. In his new role, Agrawal will be responsible ....

12 March, 2014

EBay CEO says top shareholders agree PayPal should stay put


EBay Inc CEO John Donahoe said on Wednesday that several of the online retailer's most active shareholders have assured him they ....

6 March, 2014

EBay founder rejects Icahn's call for PayPal spinoff


EBay Inc founder and Chairman Pierre Omidyar rejected investor Carl Icahn's call to separate the company's fast-growing PayPal ....

28 February, 2014

PayPal challenger Stripe valued at $1.75B in funding deal


Stripe Inc has joined the billion-dollar club. The online payment-processing startup announced Wednesday it raised $80 million ....

23 January, 2014

The Year That Was: Startup incubators launched in 2013

Sainul K

The year 2013 saw a boom in the tech startup space, with new ventures across all technology verticals cropping up in India. This ....

26 December, 2013

PayPal to launch a startup incubator in Chennai, to incubate 8-10 firms in the first batch

Sainul K

PayPal India Pvt Ltd, the online payment company owned by eBay Inc, has launched a startup incubator at its development centre ....

13 November, 2013

eBay's PayPal acquires payment gateway firm Braintree for $800M in all-cash deal

Sainul K

PayPal Inc, the online payment company owned by eBay Inc, has acquired Chicago-based payment gateway firm Braintree Payment Solutions ....

26 September, 2013

PayPal tests financing for online sellers as Kabbage raises debt


EBay Inc's  payments business, PayPal, already lends money to online shoppers, but it is now starting to finance the merchants ....

4 April, 2013

Visa CEO calls digital wallet fee on PayPal 'appropriate'


Visa Inc Chief Executive Charlie Scharf suggested on Wednesday that the payment network may impose a fee on digital wallet operators ....

21 March, 2013