Alibaba is setting up its first India office in Mumbai, that too near rival Amazon’s HQ

Chinese e-commerce behemoth Alibaba has been aggressively working on setting up a…

Taiwanese chipmaker MediaTek leads Paytm’s $300 Mn funding round, valuation pegged at over $4.8 Bn

As reported yesterday, Paytm parent One97 Communications is looking to raise a…

Paytm Strikes Deal With Alibaba’s Cloud Computing Platform AliCloud

Paytm has struck a fruitful partnership with Alibaba’s cloud computing division, AliCloud…

Alibaba Invests Close To $680 Million Into Paytm, Stake Reportedly Now 40%

Alibaba’s Ant financial services, which had initially invested a sum of $500…