Paytm Acquires NightStay to enter Hotel Booking Business

India’s largest digital payment company Paytm has made the first acquisition of this year by acquiring hotel booking platform Nightstay for undisclosed amount. The latest acquisition would help the Alibaba backed company to further consolidate its travel business and also mark the maiden entry in the hotel booking category. Paytm acquires NightStay for undisclosed amount to…

ByGirish ShettiJanuary 30, 20190Comments

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UCWeb Denies Acquisition Talks with Paytm

UCWeb has strongly denied reports that it is holding any acquisition talks with Paytm. The denial comes barely 24 hours after media reports claimed that Paytm is pursuing acquisition talks for buying UCWeb’s India business. Reports also claimed that Paytm’s CFO Madhur Deora is heading the acquisition talks and has already held meetings with the…

ByGirish ShettiOctober 13, 20180Comments

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Paytm in talk to Acquire UCWeb’s India Business: Report

Continuing with its acquisition spree, Paytm is reportedly in talks to acquire UCWeb’s India business. For all those who don’t know UCWeb is a popular mobile browser, which today accounts for 51% of market share in India’s mobile browsing market. Its rising popularity can be gauged from the fact that last year it managed to…

ByGirish ShettiOctober 12, 20180Comments

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With eye on Mutual Fund business, Paytm acquires Balance Tech

Paytm has acquired smart-savings management Startup Balance Tech. India’s largest digital wallet company Paytm has successfully acquired smart-savings management startup Balance Tech for an undisclosed amount. Reports claimed that the deal has been a complete non-cash deal and may very well be an acqui-hire. Bengaluru based Balance Tech is latest to join Paytm’s acquisition list. This year…

ByGirish ShettiAugust 9, 20180Comments

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Paytm acquires Tiger Global and Flipkart funded Cube26

Paytm acquires mobile technology startup Cube26 India’s largest digital wallet company Paytm has acquired Delhi based mobile technology startup Cube26. The financial details of the acquisition have not been disclosed, triggering the speculation that this might be an acquihire. Following the acquisition, Cube26’s entire team will merge with Paytm and work towards creating mobile engagement features for…

ByGirish ShettiJune 19, 20180Comments

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Paytm in Talks to Acquire Bengaluru based Online Travel Company: Report

Paytm may acquire online travel company Via.com. Digital payment major Paytm is reportedly in discussion to acquire online travel firm Via.com in a bid to get strong foot holding in travel & hospitality business. The Noida based startup is believed to have initiated the preliminary discussions, though preliminary sheet is yet to be signed. The major…

ByGirish ShettiSeptember 19, 20170Comments

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