Business News Paytm terminates inter-company agreements with banned Paytm Payments Bank In response to ongoing regulatory challenges and heightened scrutiny from RBI and… Soumyadeep SarkarMarch 1, 20242 minute read
Business Internet News RBI extends Paytm Payments Bank’s operation-ceasing deadline as it gets new banking partner The Reserve Bank of India (RBI) has announced an extension to the… Soumyadeep SarkarFebruary 16, 20242 minute read
Business News Macquarie downgrades Paytm, slashes target price by 58% Paytm, once the poster child of India’s booming fintech industry, continues to… Soumyadeep SarkarFebruary 13, 20242 minute read
News Startups Paytm under investigation for FEMA violations amid regulatory scrutiny: Reuters Paytm, the troubled Indian fintech giant, has now found itself under the… Soumyadeep SarkarFebruary 5, 20242 minute read
News Startups Paytm to cut ties with Paytm Payments Bank amidst regulatory ban Yesterday, the Reserve bank of India (RBI) imposed further restrictions on Paytm… Soumyadeep SarkarFebruary 1, 20243 minute read
Business News India’s central bank asks Paytm Payments Bank to halt business Paytm Payments Bank, the payment giant’s division that handles payments for several… Praneetha BandaruJanuary 31, 20242 minute read
Business News Paytm’s focus on financial services drives Q3 revenue growth and narrowing loss Digital payments giant Paytm reported encouraging financial results for Q3FY24, showcasing a… Praneetha BandaruJanuary 20, 20242 minute read
Business News Paytm stock plunges 20% as it announces non-issuance of loans below ₹50,000 Indian financial services giant Paytm witnessed a sharp decline of 20% in… Praneetha BandaruDecember 7, 20232 minute read
Business News Warren Buffet’s Berkshire Hathaway exits Paytm, sells entire stake at a 40% loss In a significant strategic move, renowned investment firm Berkshire Hathaway, led by… Soumyadeep SarkarNovember 26, 20232 minute read
Business News Startups Paytm reports 32% surge in revenue, narrows loss in September quarter Paytm parent One97 has reported yet another decent financial quarter. The fintech… Soumyadeep SarkarOctober 20, 20232 minute read
News Startups Paytm ties up with NBFC Shriram Finance to offer small ticket loans to Paytm merchants Paytm, one of India’s largest and most valued fintechs, has now teamed… Soumyadeep SarkarJune 30, 20233 minute read
Business News Alibaba exits Paytm, sells remaining stake Last month, Alibaba sold 3.1% of its stake in India’s Paytm in… Soumyadeep SarkarFebruary 11, 20232 minute read
Business News Paytm confirms ₹850 crore worth share buyback program Confirming earlier reports, that Paytm is looking at a share buy back… Staff@The Tech PortalDecember 14, 20222 minute read
Business News Paytm shares slump 10% to hit all-time low as pre-IPO share sale lockup period ends Paytm’s downfall on the Indian stock exchanges does not seem to be… Staff@The Tech PortalNovember 22, 20222 minute read
Business Global News SoftBank to sell 29Mn shares in Paytm parent One97, get $200Mn in return SoftBank is planning to offload 29 million of its shares in One97… Soumyadeep SarkarNovember 16, 20222 minute read
News Startups Paytm disbursed 9.2 million loans in Q2 FY23, net loss widens to ₹571.5 crores One97 Communications, the parent company of fintech giant Paytm, revealed on Monday… Soumyadeep SarkarNovember 8, 20222 minute read
Business News Startups Venture Capital CRED valued at $6.4Bn in GIC led Series F round Serial entrepreneur Kunal Shah’s brainchild CRED, the popular credit card bill payment… Guntas SinghJune 9, 20222 minute read
News Startups Slice raises another $50Mn in Series C led by Tiger Global, six months after a $200Mn raise Bangalore based Fintech startup Slice has raised $50 Mn in a fresh… Guntas SinghJune 1, 20222 minute read
Business News Paytm releases Q4’22 results, revenue grows 89% YoY but losses widen Paytm’s merchant base grew to 26.7 million merchants and its loss increased from ₹441.8 crores in the same quarter last year to ₹761.4 crores in Q4 FY 2022. Soumyadeep SarkarMay 21, 20222 minute read
Business News Venture Capital SoftBank hits new low, logs record loss as tech shares plummet, Vision Fund bets falter SoftBank has failed to hit the spot on 32 out the 34 total companies on their portfolio, including major ones such as Grab and recently IPOed Paytm. Guntas SinghMay 12, 20223 minute read
Culture & Policy News Paytm Payments Bank barred from onboarding new customers by India’s central bank, RBI Paytm Payments Bank has been asked by the Reserve Bank of India… Soumyadeep SarkarMarch 11, 20222 minute read