Disbursements of Paytm loans increase threefold to Rs 12,554 crore in the March quarter.

As reported in a stock exchange statement made by parent company One97 Communications on Wednesday, loan disbursements for the quarter ending March 31 increased more than threefold year over year to Rs 12,554 crore. While providing an update to the exchanges on its operational success, One97 Comm...

Reasons behind Samir Arora's gamble on defunct Internet giants Paytm and Zomato

India may lag behind China for 6-12 months if the US doesn't crash and China continues to thrive, but I expect the country to post growth of over 15% this year nonetheless. When the years are good, the returns are above average, at 13%-14%-15% annually. Samir Arora, CEO & Fund Manager of ...

WAZIRX CEO: WITH BANKS & PAYMENT APPS WITHDRAWING SUPPORT, ALL IS NOW WELL IN CRYPTO

Highlights:

• Paytm withdraws support for crypto transactions
• India still does not have clear regulations for the domain

India is one of the largest bitcoin markets in Asia. It is in fact second only to China when it comes to biotin trading volume. How...

UBS MAY INVEST $400 MILLION IN INDIA'S PAYTM

HIGHLIGHTS

• UBS Group might be planning to invest $400 million in Paytm.
• Paytm is owned by Ant Group of India.

According to some media reports, UBS Group may invest $400 million in Paytm, which is owned by India-based Ant Group. With ...

INDIAN TECH CHIEFS AGREE WITH MUSK ABOUT WHATSAPP

HIGHLIGHTS

• Criticizing the new privacy policy of WhatsApp, Tesla founder Elon Musk urged people to leave WhatsApp and use Signal.
• Many CEOs of Tech companies in India agree with Musk.

Some of the top entrepreneurs in India are urging...

GOOGLE PLAY STORE REMOVES PAYTM AND PAYTM FIRST GAMES APPS

HIGHLIGHTS

• Google has removed the Paytm and Paytm First Games apps from Google Play store.
• Apps already installed in some phones of your users are not being supported by Android operating system.

In a surprise move, Google Play Store...

ALIBABA GROUP TO SHY AWAY FROM INDIAN STARTUPS MOMENTARILY

• China’s largest e-tailer, Alibaba Group is done with investing in Indian startups for the time-being at least, amidst geo-political conflicts arising from border skirmishes.
• The Chinese group which has investments worth around $2 billion lying in Indian startups has come ...

India Post Changes PPB's Mind to Think About Small Finance Bank

Paytm is currently trying to pivot into a little finance bank that can permit disposal to shoppers, a move in search of a profitable business model for its payments bank business.

The Alibaba-backed payment firm is approaching the govt and (RBI) for a little finance bank license to leve...

PayTm is going to provide a digital advertisement platform.

Google and Facebook command online commercial space in India and somewhere else. Nobody can get even remotely near the cash they produce by selling promoting. While any semblance of TikTok may change the norm in the coming future, Amazon and Flipkart have cornered about 10% of in general cash spe...