Paytm Elevates Vikas Garg to CFO Position: Report

Digital payment major Paytm has elevated Vikas Garg to the position of Chief Financial Officer (CFO), according to the regulatory filings accessed by Techpluto. Garg previously handled the designation of deputy CFO of the Noida headquartered company and has replaced Madhur Deora, who was elevated to the newly created position of President in September last…

ByGirish ShettiJuly 27, 20200Comments

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Paytm to invest $5-$10 Mn in Fintech Startup Creditmate

Paytm to invest fresh funds in Fintech Startup Creditmate Paytm will invest further in Creditmate as it reportedly looks to raise additional $5-$10 Mn for the Mumbai based Fintech startup. Last year, India’s largest digital wallet company had invested undisclosed amount in the startup in a bid to give push to its newly lunched financial services…

ByGirish ShettiJune 6, 20180Comments

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Paytm in talks to acquire Chennai based ticketing platform TicketNew

Paytm in discussion to acquire Chennai based ticketing platform TicketNew India’s largest digital wallet payment firm Paytm is in advanced discussion to acquire Chennai headquartered movie ticketing platform TicketNew, according to top sources familiar with the matter. Sources have pegged the deal to be in the range of $30 to $40 million, approximately the same price…

ByGirish ShettiApril 25, 20180Comments

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Paytm Valuation May Rise to $10 Bn Post Sale of Secondary Shares: Report

Paytm Valuation May Rise to $10 Bn Post Sale of Secondary Shares. Digital Payment firm Paytm may witness a sharp rise in its valuation post sale of its secondary shares, which will further consolidate Noida based firm’s status as the second most valued Indian startup. The sale of secondary shares will be initiated, after existing and…

ByGirish ShettiJanuary 23, 20180Comments

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Paytm all set to enter into Gaming Business through Joint Venture

Digital payment startup Paytm will enter into gaming business through a joint venture with Hong Kong based firm AGTECH Media. India’s largest digital payment startup Paytm is all set to enter into gaming business through a joint venture (JV) firm. The company has agreed to form a JV along with Hong Kong based AGTECH Media…

ByGirish ShettiJuly 25, 20170Comments

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Paytm Mall goes quality conscious; makes it tough for sellers to register on their platform

Hence forth it won’t be easy for sellers to register on Paytm mall – an e-commerce division of Paytm. This is because it has imposed several new mandatory rules on existing sellers as well prospective sellers wanting to register on their e commerce platform. These new rules that will help to keep a check against…

ByGirish ShettiJuly 17, 20170Comments

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Paytm Consolidates Presence in Ticketing Space, Acquires Insider.in

One 97 Communications, which owns digital payment statrtup Paytm, has acquired majority stake in insider.in - an online ticketing platform that gives people access to curated lifestyle events. This is according to the statement released by the company. As per the media reports, the entire deal is valued a little over 35 crore. Insider.in was founded…

ByGirish ShettiJuly 13, 20170Comments

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