Paytm Mall May soon get 3,000 crore Bonanza from SoftBank: Report

Paytm Mall in advanced talks with SoftBank to raise fresh funds. Paytm Mall, e-commerce division of digital wallet firm Paytm, is reportedly in advanced talks with Japanese investment giant SoftBank to raise nearly Rs 3,000 crore. Close sources are further claiming that Paytm Mall is also holding talks with other investors including Singapore’s Temasek Holdings for…

ByGirish ShettiMarch 6, 20180Comments

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Paytm’s Vijay Sharma Cries Foul Over WhatsApp Payment Service

Paytm’s Vijay Sharma unhappy over WhatsApp Payment debut. Paytm’s founder Vijay Sharma on Wednesday took to Twitter to denounce what he termed as unfair competitive advantage allotted to WhatsApp, after the latter was allowed to start a payment service without fulfilling many critical mandatory rules. Sharma’s salvo on Twitter comes barely days after the Facebook-owned Whatsapp…

ByGirish ShettiFebruary 15, 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 Mall Pursuing $500 Million Funding Round with SoftBank: Report

Paytm Mall hold talks with SoftBank for more funds. Paytm Mall is pursuing discussions with Japanese investment conglomerate Softbank for leading investment of nearly $500 - 600 million, sources close to the matter claimed. They have further claimed that Japanese giant has agreed to pour in only $300 million in the newly created e-commerce vertical. Paytm…

ByGirish ShettiNovember 28, 20170Comments

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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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India Post sends Copy Infringement Notice to Paytm over use of word ‘Postcard’

Paytm gets showcase notice from India Post. India Post has sent a showcase notice to payment major Paytm warning the latter must desist from the using word 'Postcard.' The government owned India Post has sent a showcase notice to payment major Paytm over usage of the word ‘postcard’ for its recently launched product. According to media reports,…

ByGirish ShettiAugust 24, 20170Comments

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Paytm Mall to Invest $35 mn to Consolidate Logistics Network

Paytm Mall, the e-commerce arm of Paytm, is all set to invest $35 million or 225 crore in its logistics network. The investment would help the e-commerce company to speed-up the delivery services, with the company planning to offer same day and next day deliveries to its customers. The important announcement comes just ahead of…

ByGirish ShettiAugust 22, 20170Comments

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Paytm Mall will invest $5 million to attract sellers on its platform

In another bold move, Paytm mall has confirmed that it will invest nearly $5 million to attract new sellers on its e commerce platform. Paytm Mall, the e-commerce arm of Paytm, is all set to go full throttle to attract sellers on its platform. The company has confirmed that it will invest nearly $5 million…

ByGirish ShettiAugust 16, 20170Comments

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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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