Paytm

E-commerce major Flipkart is in advanced stage of discussions to raise about US $800 million to further strengthen its operations in a bid to take head on the competition from American rival Amazon. According to a PTI report: The funding,...

Chinese e-commerce major Alibaba Group Holding Ltd, along with investment firm SAIF Partners, are set to invest US $200 million in Paytm’s online marketplace unit. Alibaba Singapore E-Commerce Pvt. Ltd will invest US $177 million in Paytm E-Commerce Pvt. Ltd—a...

Hundreds of employees are being handed the pink slip by beleaguered companies like Snapdeal and Stayzilla after these firms went into cost cutting mode. Snapdeal last week went into crisis mode after talks for a bridge round of funding with...

With hundreds of employees being handed out pink slips by companies such as Snapdeal and Stayzilla, Paytm is walking into the ring by offering generous job offers to laid-off staffers. Founder and CEO, Paytm, Vijay Shekhar Sharma tweeted: “Hello, Tech/Product...

Paytm e-commerce has announced the launch of its new Paytm Mall app on Android. Consumers will now be able to shop from 1.4 Lakh sellers for millions of products across categories like fashion, electronics, consumer durables and home furnishings...

Paytm announced on Monday that its user base has crossed 200 million wallets. Within just three years of launching the Paytm Wallet, the company has reached crossed this milestone, making it the most widely used and accepted payment method...

November 8, 2016 was a very important day in the history of India, the world’s second largest emerging market. Prime Minister Narendra Modi made a historic announcement – demonetization (pulling large currency notes - Rs 500 and Rs 1000...

Spurred by demonetization, online payments platform Paytm clocked Rs 5,000 crore worth of transactions in the month of January, Paytm's founder Vijay Shekhar Sharma said. "We clocked Rs 5,000 crore worth of transactions in January alone, that's 200 million transactions...

Going by short medium term trends, the Indian e-commerce wagon gathering speed seems to be the case and that too on an optimistic note. However, this may not remain the case in the long run if certain changes in...