Vijay Shekhar Sharma
Retail
Reliance’s e-commerce dream to swallow everyone out there
IANS -
When Paytm Mall started, it took a cue from its investor Alibaba and aimed to become a digital universe for everything.As part of its initial offers, the company started giving cashback to attract customers.According to Pavel Naiya, Senior Analyst,...
Retail
How Paytm killed its e-commerce dream in India
IANS -
Exactly two years back, Paytm Founder and CEO Vijay Shekhar Sharma, keeping Alibaba model in mind, took a plunge into the burgeoning e-commerce space where Amazon and Flipkart (now owned by Walmart) were two dominant forces.Nurturing a little grudge...
Retail
Paytm to build ‘New Retail’ vertical
IANS -
Digital payments company Paytm on Saturday said that it will build a "New Retail" model to equip shopkeepers with technology, logistics and marketing capabilities.According to One97 Communications, that owns the brand Paytm, under the new model, "consumers will soon...
Retail
Paytm receives final tranche of US $445 mn funding from SoftBank, Alibaba
Paytm Mall has received the final tranche of its US $4 45 million (about Rs 3,000 crore) funding from SoftBank and Alibaba, a move that will give the online shopping venture of Paytm more financial muscle to take on...
Retail
Walmart e-entry makes India attractive to global majors: Experts
The whopping US $16-billion mega deal by global retail giant Walmart with the country's leading e-tailer Flipkart for majority stake makes India an attractive destination for global majors in the digital space, industry experts said on Wednesday.Kishore Biyani, CEO,...
Retail
Hope to cover 1 cr merchants in 3-6 months: Paytm
IANS -
Mobile-first financial services platform Paytm hopes to cover 10 million merchants across India in three to six months from the existing six million merchant-partners for Quick Response (QR)-based payments, an official said on Thursday.The platform will invest Rs 500 crore in 2018 to...
Retail
Paytm Mall appoints Amit Sinha COO
Amit Sinha, a vice-president overlooking business and human resources at One97 Communications Ltd, the company behind the Paytm app, has been appointed as the Chief Operating Officer (COO) of its e-commerce business Paytm Mall, a company statement said on...
Retail
Paytm unveils payments bank, targets 500 mn customers by 2020
IANS -
Fintech company Paytm on Tuesday unveiled its payments bank becoming the first one to offer cashback on deposits. It aims to become the preferred bank for 500 million Indians by 2020.
Customers will also be offered zero charge on all...
Retail
Paytm raises US $1.4 billion from SoftBank
Paytm has announced an investment of US $1.4 billion by the SoftBank Group, the Japanese Internet and telecom major, in One97 Communications Limited, the entity that operates India’s largest mobile payments and commerce platform under the Paytm brand. This...
Retail
Paytm Payments Bank to launch on May 23
IANS -
Fintech company Paytm on Wednesday said it will finally launch the operations of its payments bank on May 23.
"We are in the process of launching Paytm Payments Bank on May 23. We recently received approval from the Reserve Bank...
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IndiaMART bags Gold for its integrated Annual Report at LACP Spotlight Awards 2024
Awarded for the third consecutive year, the report scores 98 out of 100 and secures a spot in the...
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