Paytm’s 2024 was a mirror image of 2023. The fintech giant finished 2023 on a low after coming very close to cracking profitability, while in 2024, the tale was reversed — a bleak beginning ...
Paytm is like a genie in your phone helping you ease out all your daily errands from bill payments to recharge. Paytm was started as an online mobile recharging portal and then it diversified into ...
The deal values PayPay at 1.06 trillion Japanese yen (approximately $7 billion). This comes after Paytm divested its entertainment and ticketing business Paytm Insider to Zomato for Rs 2,048 crore.
Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm sheds non-core assets following a bruising regulatory clampdown earlier this ...
One97 Communications, the parent company of Paytm, is close to finalising a $250 million (approximately Rs 2,000 crore) deal to sell its stake in Japan’s digital payments company, PayPay Corporation, ...
Paytm's parent company, One97 Communications, on Friday, December 6, 2024, approved the sale of its stake in Japan’s credit card company PayPay Corporation. One97 Communications Singapore, a ...
Paytm's sale aligns with its strategy to offload non-core assets and bolster its capital base as it prioritizes scaling its core payments business after a tough year. Recently, the fintech firm sold ...
One 97 Communications, the parent company of Paytm, shares gained 3.1 per cent in Monday's trade and logged a 52-week high at Rs 1,007 per share. The buying of the stock came after the company's ...
Responding to Inc42’s queries on the development, Paytm said, “We will provide an update through the appropriate stock exchange filing in due course." After this sale, Paytm's cash reserves ...
SoftBank Group has officially completed its exit from Paytm by selling the Indian fintech firm's stake in Japan-based PayPay Corporation to a SoftBank Vision Fund 2 entity. The transaction ...
Paytm's shares hit a 52-week high on December 5, marking an incredible 185% six-month gain. Analysts attribute the surge to the resolution of regulatory issues and an optimistic growth outlook ...
One97 Communications has sold its stake in Japan’s digital payments firm PayPay Corporation. The Paytm parent confirmed the deal in a regulatory filing to the stock exchanges on Friday. Paytm holds a ...