Vijay Shekhar Sharma
India’s Paytm to spend up to $103 million to buy back shares
Paytm will spend up to $103 million, or $127 million inclusive of all taxes and other expenses, to repurchase it shares, the company’s board approved on Tuesday, as the Indian financial services
India’s Paytm considers buying back shares following a rough year
Indian financial services firm Paytm said Thursday evening it is considering repurchasing its shares, following a tremulous year that has seen its stock price fall by over 60%. Paytm said it will disc
Paytm falls to all-time low amid competition risk from Reliance
Shares of Paytm ended Tuesday at an all-time low of 477 Indian rupees ($5.8), a week after the lockup period for early backers of the Indian financial services firm ended last week and mounting concer
Paytm says payments bank did not share data with Chinese firms
Paytm says a report claiming its Payments Bank’s data was leaked to Chinese firms is “completely false and sensationalizing,” as the India fintech giant rushed to provide clarificati
Paytm stock drops to record low
Shares of Paytm closed Monday at ₹1,157 ($15.6), the lowest since its market debut in November following the nation’s biggest-ever initial offering, after a key brokerage house further cut its
Paytm falls 27% on first trading day after India’s largest IPO
Indian fintech giant Paytm, backed by SoftBank and Alibaba, lost more than 27% in its first day of trading Thursday. The valuation of the firm, which raised $2.5 billion in India’s largest init
Paytm raises $1.1 billion from anchor investors in India’s blockbuster IPO
Paytm has raised $1.104 billion in India’s largest-ever anchor round as part of its initial public offering, which is also shaping up to be the nation’s largest, as the poster child of the Indian
Paytm seeks $20 billion valuation in India’s biggest IPO
Paytm, one of India’s most valuable startups, is seeking to raise as much as $2.4 billion in what is shaping up to be the biggest initial public offering in the country at a valuation of $20 billion
Indian digital payments giant Paytm files for $2.2 billion IPO
Digital payments giant Paytm, one of India’s most valuable startups, plans to raise up to $2.2 billion in an initial public offering, it said in draft papers submitted to the country’s market
Airbnb nears IPO as Asana and Palantir land their direct listings
World events have so far not stopped the enthusiasm for tech investing, and really, where else are those dollars going to go?
This Week in Apps: Google Play gets new rules, Apple launches app marketing tools, EU looks to rein in tech giants
Welcome back to This Week in Apps, the TechCrunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, wi
Google pulls India’s Paytm app from Play Store for repeat policy violations
Updated at 13:30 GMT / 07:00 PM IST: The Paytm app is back on the Google Play Store. Our original story follows. Google has pulled the popular Indian financial services app Paytm from the Play Store f
Amazon-backed Indian insurtech startup Acko raises $60 million
A young Indian startup that is taking on the country’s antiquated insurance industry with a digital-first product — and which has already received backing from global giant Amazon — toda
Paytm, Vijay Shekhar Sharma to acquire insurance firm Raheja QBE for $76M
Paytm, India’s most valuable startup, and its co-founder and chief executive, Vijay Shekhar Sharma, announced on Monday they have reached an agreement to acquire insurance firm Raheja QBE for a sum
Google and Walmart establish dominance in India’s mobile payments market as WhatsApp Pay struggles to launch
In India, it’s Google and Walmart-owned PhonePe that are racing neck-and-neck to be the top player in the mobile payments market, while Facebook remains mired in a regulatory maze for WhatsApp P
Investors, startup founders in India pool $13M to fund projects that fight coronavirus
More than 150 investors and entrepreneurs in India are funding dozens of projects in a bid to help millions better combat the COVID-19 epidemic and help the nation’s booming startup ecosystem withst
Startups, VCs in India request ‘relief package’ from the government to fight coronavirus disruption
More than six dozen startup founders, venture capitalists and lobby groups in India have requested the government to grant them a “robust relief package” to help combat severe disruptions their bu
Mobile payments firms in India are now scrambling to make money
Vijay Shekhar Sharma, founder and chief executive of India’s most valuable startup, Paytm, posed an existential question in a recent press conference. “What do you think of the commercial model fo
Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field
Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive p
India’s financial services firm Paytm raises $1B
Paytm said on Monday it has raised $1 billion in a new financing round as the Noida-headquartered firm, which once dominated the local mobile payments market, attempts to fight back giants Google, Wal