Paytm’s Data Theft Case is unraveling like a Bollywood Potboiler

When the Paytm’s data theft case got disclosed almost a month back, many had assumed that this case of a secretary blackmailing his boss is lot more murky than it appears to be. Now with new twist and turns adding into this high profile case, it looks like this is indeed the case. The fresh…

ByGirish ShettiNovember 29, 20180Comments

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It’s Official: Paytm is Breathing down the Neck of BookMyShow But….

It is not that we didn’t know it, but now it has become far too obvious. Simply put, the latest figures thrown out by BookMyShow in its regulatory filings unanimously indicate that company’s movie ticketing business is feeling the pressure. The pressure is all thanks due to Paytm, which is steadily eating into BookMyShow’s main…

ByGirish ShettiOctober 30, 20180Comments

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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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Billionaire Warren Buffett may pick up stake in Paytm: Report

Warren Buffett, founder & chairman of Berkshire Hathaway Inc, is reportedly in talks to pick up small stake in Paytm’s parent company One97 Communications Ltd. According to sources privy to the matter, India’s largest digital payment has been holding talks with the famous American billionaire since February this year. Sources are claiming that Paytm aims to…

ByGirish ShettiAugust 27, 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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Bookmyshow raises $100 million to compete with Paytm

Bookmyshow raises $100 million from TPG Growth. Popular online ticketing platform Bookmyshow has announced that it has raised $100 million in Series D round. The fundraising round was led by TPG Growth, which is an investment arm of US based investment giant TPG. Several existing investors also participated in the round, according to Avendus Capital, which…

ByGirish ShettiJuly 18, 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 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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