Warren Buffett’s Berkshire Hathaway is looking to acquire a stake in Paytm’s parent company One97 Communications Ltd. The amount that the company is eyeing to invest is around Rs 2,000-2,500 crore. This investment if implemented would be the first direct investment in India by the legendary billionaire investor. It has been reported that the transaction […]
With all the people trying to give their helping hand towards Kerala Flood Relief, Paytm also introduced a feature on its platform through which the users could donate any amount of their choice for helping the people affected in Kerala. Paytm’s founder Vijay Shekhar Sharma also donated an amount of Rs 10,000 towards the Kerala […]
The most popular digital payments firm Paytm’s parent company One97 Communications has announced that they are launching a new AI Cloud computing platform known as “Paytm AI Cloud for India” for developers, startups and enterprises. The basic purpose behind the launch of this platform is to offer business-centric apps for organizations that require high-quality solutions for cloud computing, automate […]
Following observations made by the Reserve Bank of India, Paytm Payments Bank has ceased the enrolment of new customers on its platform. This happened on 20th June post audit by RBI, which made particular observations about the procedure the company follows in taking over new customers and its adherence to know-your-customer (KYC) norms. Along with […]
Paytm Mall is planning to expand to Southeast Asian countries, along with countries such as Japan, and it has also appointed a head for its international business and expansion. Paytm mall is a platform provided by Paytm for the user to shop, it works just like any other E-Commerce website or Application. It aims to offer […]
One97 Communications, the company that owns Paytm is reportedly eyeing to raise $300-$500 million for the purpose of pushing its online-to-offline (O2O) retail business and get customers to use its platform for making payments. At present, Paytm is in advanced talks with US-based investors and also its existing shareholder, SoftBank for the latest funding round, […]
One of the major Indian digital funds platforms Paytm has now expanded its operations to Japan in partnership with PayPay Company. PayPay Corporation, a joint venture established by SoftBank Corp. (“SoftBank”) and Yahoo Japan Corporation (“Yahoo Japan”), recently announced that the company will launch “PayPay” smartphone payment services using barcodes (QR code) in fall 2018. PayPay Corporation […]
With Paytm showing a commendable growth in every aspect, the digital payments giant is planning to launch its operations in Japan in collaboration with Masayoshi Son’s Softbank Group. This event is expected to take place by the end of 2018. People familiar with the matter stated that Son is trying to mark his footprints in […]
Paytm Mall, the in-app service of the digital payment platform Paytm, in its massive recruitment drive, is expecting to hire around 5,000 college graduates. On Friday, the company introduced the second edition of the Campus Icon programme and has started with the process. This particular programme will be taken forward for five weeks and has […]
Digital payment giant Paytm, which is owned by One97 Communications is now entering the forex space, for the exchange of 20 international currencies on its platform. The service is being carried forward in partnership with Centrum Direct as stated by the company. Earlier, it had been rumored that Paytm is eyeing to foray into the […]
The digital payments giant Paytm has reportedly claimed to reach the milestone of run rate of 5 billion transactions per year, along with the value of $50 billion GTV (Gross Transaction Value) transactions being processed in the platform every year. The company, in the last quarter, showed a growth of 500 percent in terms of peer-to-peer […]
The digital payment giant Paytm has taken over a Delhi-based company called ‘NighStay Travels’ that helps the customers to book hotels last minute. The acquisition has been made for around $2o million (around Rs 130 crore) in a cash-and-equity deal, through which Paytm is entering the hospitality space as well. Founded by Nasr Khan and […]