Vijay Shekhar Sharma, founder and majority owner of Paytm Payments Bank, has stepped down from the board of the troubled unit days after the Indian regulator signaled continuity at the financial firm
Shares of Paytm plunged 10% on Monday, the third consecutive session of declines, touching an all-time low of 438.35 Indian rupees (or $5.28) after the RBI’s clampdown last week looks to have ha
Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank from co
Vijay Shekhar Sharma, founder and chief executive of Paytm, has entered into a deal with Ant Financial to acquire a 10.30% stake in the Indian financial services firm in a move that appears to be orch
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
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
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 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
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
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 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, 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
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
World events have so far not stopped the enthusiasm for tech investing, and really, where else are those dollars going to go?
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
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
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, 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
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
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
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