Paytm Share Soars 5% on Sustained Growth in Q4
On May 8, Paytm’s shares were trading 5% after the company’s net loss narrowed to Rs 168 crore in the March quarter of FY23 from Rs...
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Paytm Shares Jump 4% Ahead of Q4FY23 Results
Shares of Paytm’s parent company One97 Communications surged 4% to Rs 697.5 per share on the BSE in intraday trade on Friday, ahead of the...
PhonePe Launches UPI Lite for Smaller Payments 2 Months After Paytm
PhonePe rolled out the UPI (Unified Payments Interface) Lite payments feature in its app to offer faster payments for smaller transactions two months after its...
PhonePe Raises Another $100 Million from General Atlantic, Others
Digital payments and financial services startup PhonePe have raised another $100 million from General Atlantic and its co-investors at a pre-money valuation of $12 billion...
Paytm Shares Rise as Gross Merchandise Value Rises 40% in March Quarter
Financial services firm Paytm said the gross merchandise value (GMV) of merchants processed through its platform rose 40% year-on-year to Rs 3.62 lakh crore ($44...
PhonePe Launches New App Pincode at ONDC to Strengthen its E-Commerce Presence
PhonePe has launched Pincode, a new app for consumers that will be part of India’s Open Network for Digital Commerce (ONDC) framework, as the Walmart-backed...
Paytm Shares Rise 3% on Block Deal Worth Rs 56.78 Crore
Shares of One97 Communications Ltd (OCL) rose nearly 3%, with 875,000 shares or a 0.13% stake worth Rs 56.78 crore changing hands in a block...
IPO Filings Down Over 50% in FY23 Due to Unfavourable Market Conditions
Red herring draft prospectus filings more than halved in FY23 as concerns over high valuations, geopolitical tensions and rising interest rates dampened equity sentiment. According...
Paytm Shares Surge After RBI Gives Extra 15-Days to Resubmit Application for Payment Aggregation Service
Shares of One97 Communications, which owns and operates digital payments firm Paytm, rose on Monday after it said it had been given an additional 15...
PhonePe Raises Another $200 Million in Ongoing Funding from its Biggest Shareholder Walmart
Digital payments and financial services unicorn PhonePe have raised another $200 million in an ongoing $1 billion funding round from its largest shareholder, Walmart, at...