Paytm

India’s Paytm plans 10% staff boost in AI pivot with some roles cut

One 97 currently holds 51% of the total shareholding in Paytm Payments Bank, with the remaining held by founder Vijay Shekhar Sharma.

India’s central bank cancels Paytm Payments Bank licence

The license win marks a potential inflection point for the company, as bets on a turnaround gather steam and a potentially lucrative new revenue stream comes into view.

Paytm shares surge after RBI grants payment aggregator license

FILE PHOTO: Ant Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo

China's Ant Group to sell 4% stake in India's Paytm for US$242 million

Paytm founder and CEO Vijay Shekhar Sharma is classified as a public shareholder, not a large shareholder, according to exchange data, which also says Paytm has no investors categorised as “large shareholders.”

India markets regulator pull up Paytm founder, director on IPO breaches, Moneycontrol reports

Zomato is capitalising on its success in food delivery to expand in adjacent areas.

Zomato to buy Paytm’s movie ticketing business for US$244 million

Fintech firm Paytm says its focus will be on payment and financial services along with digital goods commerce.

Paytm is in talks with Zomato to sell movie, ticketing business

Paytm's consolidated net loss in the fourth quarter widened to 5.5 billion rupees from 1.68 billion rupees a year ago.

India’s Paytm flags further financial impact of banking unit wind down

The company, run by billionaire founder Vijay Shekhar Sharma, has pledged no disruption to its users even as the curbs on Paytm Payments Bank kick in.

India’s Paytm wins payments approval it needs to stay in business

Paytm Payments Bank engaged in illegal acts, including organising and facilitating online gambling.

India's Paytm Payments Bank fined over US$662,000 for alleged money laundering