Retail India News: Paytm ONDC Network Welcomes Wow Skin Science and The Man Company, Expands Beauty and Grooming Portfolio
Paytm E-commerce Private Limited (PEPL) has recently announced the inclusion of renowned beauty brands, Wow Skin Science and The Man Company, onto…
Retail India News: Paytm E-commerce Announces Super Saver Weekend Offers on ONDC Network
Paytm E-commerce Private Limited (PEPL) has unveiled a range of Super Saver Weekend offers on the Paytm se ONDC Network, providing users with…
Retail India News: Paytm Launches 'India's Festive Wallet Outlook 2023’
One97 Communications Limited (OCL), the owner of Paytm, India's foremost payments and financial services company renowned for pioneering QR, mobile…
Paytm Q3 Results: Consolidated Loss Narrows to Rs 392 cr
Paytm parent One 97 Communications recorded a 42 percent increase in revenue from operations to Rs 2,062 crore in the December quarter. A surge in…
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Van Heusen Enters Metaverse
Van Heusen, India’s leading power dressing brand from Aditya Birla Fashion and Retail Ltd (ABFRL), enters the Metaverse as it sets sail on a…
Paytm to Collab with Flipkart for The Big Billion Days 2022
One97 Communications Limited, the parent company of Paytm, has announced its partnership with Flipkart’s flagship event - The Big Billion Days - to…
Paytm To Raise Rs 8,250 Crore From Anchor Investors
IPO bound Paytm is all set to raise $ 1.1 billion from anchor investors including Blackrock, CPPIB and GIC, reportedly. The round will close on…
Paytm Files for an IPO of Rs 16,600 cr
Paytm, an Indian digital payments startup, is backed by investors including Berkshire Hathaway Inc, China's Ant Group, and Japan's SoftBank, has…
Paytm Introduces Health and Wellness Store
India's leading digital financial services platform Paytm has announced the launch of its dedicated Health & Wellness Store for search, discovery…
How marketplaces are empowering small brands this festive season
Small businesses play a vital role for the growth of Indian economy. In order to harness the true potential of MSME sector, various marketplaces are…
Flipkart, Paytm to offer customers a slew of offers this festive season
Flipkart, India’s homegrown e-commerce marketplace, has partnered with Paytm, India’s leading digital financial services platform, to provide…
Paytm Insider introduces interactive streaming to its creator tools
In its latest update to its self-publish ticketing solution, Paytm Insider now provides video streaming capabilities with interactivity for a feature…
Paytm to boost its travel business by investing Rs 250 cr
Paytm, the digital payments firm, is planning to invest Rs 250 crore in its travel business over the next six months. Paytm app will use this…
Paytm Money secures Rs 40 cr funding from One97 Communications
Paytm Money has received an investment of Rs 40 crore from One97 Communications. A regulatory document filed with the Corporate Affairs Ministry…
Paytm aims to double its user base by investing Rs 750 crore
Paytm is aiming to approximately double its monthly active user base on mobile to 250 million by March 2020, with an investment of Rs 750 crore.…
Paytm's gaming platform Gamepind rebranded as FirstGames
Paytm has rebranded its gaming platform Gamepind as FirstGames. Since launch in February 2018, the gaming platform is claiming to have garnered over…
Paytm partners insurance provider LIC
Expanding its insurance premium payment services portfolio, One97 Communications Limited, that owns the brand Paytm, India’s largest digital…
Paytm may acquire UCWeb’s India biz
Softbank backed Paytm is all set to acquire Alibaba backed browser UCWeb as reported by leading media resources. If sources are to be believed this…
Paytm may introduce biometrics authentication
In order to go a step further in imparting better security features and next level of  customer experience, Noida based Paytm has been working on…
Paytm to seek local expertise in order to beat the competition
 In order to shun the competition Paytm is betting big on local expertise in order to fuel business growth and fight off global rivals in a rapidly…
Paytm enables Visa credit card bill payments on its platform
Paytm which is directly controlled by One97 Communications Limited has announced its partnership with Visa, to enable Visa credit card payments…
Paytm launches its own AI cloud for India
One97 Communications controlled Paytm has made launch announcement of its AI Cloud computing platform “Paytm AI Cloud for India” catered to…
Paytm Mall Targets $10 Bn in Annualized Gross Sales by March 2019
With the aim to garner a bigger slice of India’s growing online retail market, Paytm Mall, owned by Paytm E-commerce Pvt Ltd., has ramped-up its…
UPI transactions fall 4% on round tripping curbs, PhonePe beats Paytm to claim Ist spot
The use of country’s revolutionary peer-to-peer digital payments service, Unified Payments Interface (UPI) has surged upto 235.6 million…
Paytm to roll new retail model for instant deliveries
Digital payments company Paytm is now on an expansion spree to build a 'New Retail' model to equip shopkeepers with technology, logistics and…
US payment firms, Paytm face off in data storage debate
US payment firms have successfully pushed India to consider diluting rules on data storage, but their lobbying campaign has sparked a bitter…
Flipkart adds recharge, travel tabs on its mobile app
In a bid to increase customer visits, online retailer Flipkart has added two new tabs on its mobile application — ‘Recharges’ and ‘Travel.’ While…
Amazon pumped Rs 230 crore into India wallet
Global e-commerce company Amazon has invested an additional Rs 230 crore into its wallet Amazon Pay in India, as per filings with the Registrar of…
Paytm achieves annual run rate of 5 billion transaction
New Delhi: Digital payments company Paytm said it has achieved an annual run rate of 5 billion transactions and $50 billion in gross transaction…
One 97 invests Rs 61 cr in Paytm Entertainment
Digital payments major One 97 Communications, which owns payment brand Paytm, has invested Rs 61 crore into Paytm Entertainment, said the company…
E-wallet company PhonePe registers 100 mn users
New Delhi: Bengaluru-based digital payments firm, PhonePe claims to have crossed 100 million users on its app as it processed annualised total…
Paytm acquires e-ticketing startup TicketNew
In a fresh development, digital payment and e-commerce company Paytm has acquired Chennai-based online ticketing startup TicketNew in an all-stock…
Paytm Mall Adds New services to Online offerings Amid Growing Competition
Online payment platform, Paytm Mall has come up with a new range of services, including no-cost every month installments, extended warranty, device…
Paytm Targets Rs 60,000 Cr From Interbank Transactions
The mobile payment platform, Paytm is eyeing average monthly account transactions of Rs 60,000 crore interbank through its platform by the end of…
Paytm Mall launches PoS, signs strategic partnership with Asus
In a bid to boost the online-to-offline move, Paytm Mall today launched a connected PoS (Point of Sale) solution for retail stores enabling…
Paytm Claims 100 Mn M-wallet users To Be KYC-compliant
Paytm has claimed to own a total of 100 million customers using KYC compliant mobile wallet out of 220 million using its payments service. Owing…
Paytm Records 3-fold Rise In Gold Sales On Akshaya Tritiya
Online mobile payment platform, Paytm has announced its gold sales to have risen three-fold to 20 kg in a single day on the occasion of Akshaya…
Paytm To Extend Arms To Wealth Management Sector
The homegrown largest digital payments company Paytm has decided to foray into wealth management and is in the final stages of integration with…
Paytm Enables Large Transactions To Take On Its Rivals
In its plans to overpower WhatsApp and Google’s payment businesses in the country, Paytm has tweaked its app’s user experience and brought multiple…
BookMyShow Loses FY17 To Payt In Online Ticketing
Big Tree Entertainment, which owns and operates online entertainment ticketing platform BookMyShow, has clocked a 27% increase in operational…
Paytm Launches 2 New Services Under Wealth Management Offering 'Paytm Gold'
An extension of its wealth management offering, Paytm Gold, Mobile application based financial services platform Paytm has announced the launch of…
Paytm Stops Seeking ‘root access’ To Android Users
After it was flagged by a French security researcher, payments player Paytm in a new update on its app has stopped seeking ‘root access’ from users…
Paytm Money To Begin Operations In 8 Weeks With AMCs
Paytm Money is ready to begin its operations in the next six to eight weeks along with a dozen or so asset management companies (AMCs) after it…
Paytm Allows Non-KYC Users To Use Gift Vouchers
Consumers can still load money into a Paytm wallet even if they haven’t completed their Know-Your-Consumer (KYC) formalities. Paytm appears to be…
Paytm Plans To Start Insurance Outlets To Achieve Growth
Online payments major, Paytm is in process to get the licence to start its two insuring entities named Paytm Life Insurance and Paytm General…
Paytm to spend Rs 300 crore to boost movie ticketing biz
In a combat to beat the BookMyShow movie ticketing and events businesses, Paytm is expected to spend about Rs 300 crore this year as it aims to pip…
Paytm launches 'Paytm For Business' To Accept Digital Payment
India's largest mobile-first financial services platform Paytm has announced launch of 'Paytm for Business' app on Android Play Store. The app,…
Paytm Payment Bank Launches Rupay Debit Card
Paytm Payments Bank announced the launch of physical RuPay Debit Cards for its banking customers to seamlessly make payments across online platforms…
Paytm Payment Bank Appoints Nitin Chauhan As CISO
Paytm Payments Bank (PPB) announced the appointment of Nitin Chauhan as its Chief Information Security Officer (CISO). In his current role at…
Patanjali Ties Up With Leading E-tailers
Baba Ramdev promoted FMCG brand Patanjali has announced the launch of its e-commerce platform which according to the company helped it to make…
Paytm Senior VP Krishna Hegde Quits
Months after being appointed as the head of the lending business of Paytm, senior vice-president Krishna Hegde has quit the Noida-based company. The…
Bike Sharing Company OFO Plans To Team Up With Paytm
Chinese bikesharing unicorn Ofo is in final stages of striking a partnership with Paytm as it looks to expand aggressively in India. This will be in…
Paytm Payment Bank Looks For Partnerships With Full Fledged Lenders
Paytm Payments Bank (PPB) will stitch together multiple partnerships with full fledged commercial banks for different products as it seeks to tide…
Paytm Payments Bank Customers Can Now Avail High Return Fixed Deposits
Digital payments platform Paytm Payments Bank announced its partnership with IndusInd Bank to introduce a first-of-its kind facility to create a…
Ecommerce Platform Paytm Partners With Samsung
Ecommerce platform Paytm Mall has partnered with Samsung to host the consumer electronics brand store on its platform for consumers to immediately…
Paytm To Start Incubator Program To Enable Building And Sharing Of Solutions
Paytm is all set to join the ranks of India’s growing accelerators and incubators through its incubator programme to enable building and sharing of…
Paytm Mall to accelerate electronics delivery in 25 cities
In another effort to expand its operations, the Paytm Mall, a unit of Paytm E-commerce, will start offering 1-2 day delivery in the Consumer…
Paytm invests undisclosed amount in mobile loyalty startup MobiQuest
Digital payments platform, Paytm, has invested an undisclosed amount in Noida-based mobile loyalty and data analytics startup, MobiQuest Mobile…
Paytm strengthens online ticketing services, acquires majority stake in Insider.in
Digital payments platform, Paytm, has acquired a majority stake in Insider.in, an online ticketing and events platform of events company OML…
Paytm transfers 800 employees from One97 Communications to Paytm Mall
Paytm Mall, e-commerce arm of the Vijay Shekhar Sharma-led One97 Communications, is set to hire around 2000 people across divisions, including back-…
Paytm aims to sell 1 tonne gold by year end
Digital payments company, Paytm, aims to sell a tonne of gold through its platform this year, buoyed by an increasing number of consumers turning…
One97 Communications' Amit Sinha becomes COO at Paytm Mall
Digital payment company, Paytm, has named Amit Sinha, Vice-President of business and human resources at parent company, One97 Communications, as…
Paytm partners with state traffic police departments to enable traffic challan payments
Digital payment platform, Paytm has enabled payment of traffic challan on its platform. Users can simply log onto the app, tap on 'Traffic Challan…
Paytm offers movie tickets under Rs 100 to make watching movies affordable
Digital platform, Paytm has launched ‘Movies under Rs. 100’, a special segment for shows with ticket prices below Rs. 100. This new option has been…
Paytm looks to strengthen travel vertical, to hire more people
Digital payments company, Paytm, aims at the number of train tickets booked through its platform to grow by three times during this financial year.…
Paytm collaborates with PSPCL for online electricity bill payment
Digital payments player, Paytm, has joined hands with Punjab State Power Corporation Limited (PSPCL), to enable easy online bill payments for…
Paytm Payments Bank appoints three new board members
Payment Digital payment company, Paytm held a board meeting on Tuesday to formally approve the launch of the Paytm Payments Bank. The company has…
Paytm to launch payments bank next week, names Renu Satti as its new CEO
One97 Communications owned digital wallet company, Paytm, has received the final approval from the Reserve Bank of India for its payment bank. The…
Nikhil Vora sells entire stake of One97 Communications to Alibaba
Former IDFC Securities star equity analyst Nikhil Vora has sold his entire stake in One97 Communications, Paytm's parent company, to Chinese…
Mobikwik to raise more than $1 billion from BlackRock, Bank of Baroda and Canara Bank
One Mobikwik Systems Pvt., an Indian digital payments service provider, is set to raise funds from investors including BlackRock Inc. valuing the…
Paytm to pump up to $30 million into Insider.in
Digital payments and commerce platform Paytm is in talks with curated events platform Insider.in to pick up a majority stake in the Mumbai based…
Paytm sells over 30 kgs of 'digital gold' within six days
Alibaba-backed Paytm has said it has sold over 30 kgs of 'digital gold' in six days of launching the service in partnership with gold refiner, MMTC…
Paytm Mall sells 1.5 million packets of Maggi noodles within 2 days of launch
Paytm Mall has announced that it has sold more than 150,000 packets of new variants of Maggi noodles on its platform. Nestle’s latest Maggi Masalas…
Paytm collaborates with Genesis Luxury for payment gateway
Digital payment company, Paytm has tied-up with luxury brand distributor, Genesis Luxury for payment gateways in India. Genesis Luxury markets and…
Paytm signs deal for its third office in Bengaluru with Innov8
As it seeks to expand up presence, Paytm has opened its third office in Bengaluru renting a 150-seat space in a flexible office in Bengaluru.…
Paytm invests in Healthcare Startup QorQl
Paytm has announced today it has invested an undisclosed amount in QorQI, an online healthcare startup. QorQl plans to use AI and big data to…
Paytm Mall eyes to sell over half a million two-wheeler in 2017
Paytm Mall, e-commerce platform for Paytm, has crossed sales of Rs 100 crore from the two-wheeler category. In a statement, Paytm said, "Paytm Mall…
Paytm sets up Paytm Financial Services
The Alibaba-backed Paytm has set up a new company, Paytm Financial Services, which will sell financial products like insurance and mutual funds to…
Snapdeal rubbishes reports of holding talks for selling the firm
Indian e-commerce marketplace, Snapdeal has firmly denied that it was in talks to sell the firm, after Mint newspaper reported the company was in…
Paytm to provide insurance cover for Paytm wallet users
Digital wallet player Paytm is in talks with insurance companies to provide insurance cover for users' to protect their money in the Paytm wallet.…
Reliance Jio and Paytm apologise for using PM Modi's photograph in advertisements
Reliance Jio and Paytm have apologised for their "inadvertent mistake" in using Prime Minister Narendra Modi's photograph in their advertisements…
Paytm announces its partnership with IIT Kanpur under 'Cashless Campus'
Digital payment company Paytm has announced its partnership with IIT Kanpur under the company's ‘Cashless Campus’ initiative, Paytm shared in a…
Cashkaro to expand to South East Asian markets
Cashkaro, a coupons and cashback platform, looks to expand to South East Asian markets, starting from Singapore. The company also looks to expand…
Reliance Capital invests Rs 10 crore in Paytm
Reliance Capital, the financial service arm of Reliance Group, has invested its nearly 1% stake in popular digital payments firm  Paytm for Rs 275…
Paytm announces crossing a milestone of 200 million wallet users
Paytm has announced that its user base has crossed 200 million Wallets. Within just three years of launching the Paytm Wallet, the company has…
Paytm partners with places of public worship to enable cashless donations
Paytm has announced that it has partnered with several places of public worship including Temples, Churches and Mosques among others to enable…
Paytm launches new app on Android and a website
Paytm, which was demerged from mobile wallet and payments player One 97 Communications, has launched a separate smartphone application and website…
Paytm to invest 600cr to expand its QR code payments
Paytm has announced that it will invest over Rs. 600Cr to enable merchants across India for acceptance of digital payments using its QR code based…
Paytm, India's biggest private B2C player in rail ticket bookings
Paytm's online rail booking platform is doing more ticket bookings than any other private online B2C player in India, second only to the IRCTC (…
Flipkart shuts down its months old C2C courier service
Online marketplace Flipkart is looking at consolidating business of its in-house supply chain arm, Ekart Logistics. The company has suspended the…
Paytm earns USD500 million from travel business
 Online payments and ecommerce marketplace Paytm has said that its annualised GMV from its travel vertical has crossed USD500 million (Rs 3,342…
Indian startups should not be killed by giants from US or China, says Flipkart
Flipkart co-founder Sachin Bansal has said Indian e-commerce companies did not have to side with either Amazon or Alibaba in the impending war of…
Paytm works on offline mode of payments for sellers
Mobile payments and commerce platform Paytm says that it will reach 1 crore offline sellers with its QR code offering for payments. Currently 35…
Samsung partners with American Express to come up with its own mobile payment wallet
South Korean tech giant Samsung is planning to launch its mobile payment wallet in India in the first half of 2017, media reports said. According to…
Alipay to enter Indian marketplace to compete with Amazon and Flipkart
Alibaba, one of the world's largest ecommerce company, is leading an investment round of between Rs 1,350 crore and Rs 1,700 crore in the online…
Flipkart remains India’s most popular ecommerce brand
Bengaluru based e-retailer Flipkart continues to be India’s most trusted e-commerce brand, in a nationwide consumer study titled the 'The Indian E-…
Paytm partnered with over 41,000 petrol pumps
Paytm announced today that it has partnered with more than 41,000 Petrol Pumps across 550+ districts in India to enable its cashless payment…
Paytm partners with several brands to expand its offline merchant network
Paytm, one of India's e-wallet companies, has announced its partnership with several brands to expand its offline merchant network before the year-…
Paytm to hire 400 sales executive for Kolkata operations
Mobile payments company, Paytm plans to hire 400 sales executive for its Kolkata operations to expand the number of offline merchant network and…
Users' complain prevails as Paytm faces glitches
Mobile payments company Paytm is still facing issues in transacting as many users have complained that money was deducted from their bank accounts…
Paytm launches awareness drive for merchants about digital payment
Paytm, one of the most sought after digital payments platforms, has launched a drive across India to inform merchants and customers in every…
Four-day campaign make Paytm earn Rs 220 crore payment from retailers
Paytm, one of India's digital payments platforms, has claimed that it has processed sales of over Rs 220 crore at retail partner outlets during its…
Paytm turns its offline button on for festive season
Paytm, one of India's largest digital payment companies, which has risen its points sky high post demonetisation, is launching Rs 1212 Cashfree…
Demonetisation rains business for Paytm and job opportunities for people
Paytm founder Vijay Shekhar Sharma said the company has given approval for hiring 20,000 sales people to reach consumers in more than 650 districts…
Paytm launches service, that doesn't need a smartphone
Paytm, one of the largest e-cash wallet of the country, has launched a service with which consumers and merchants can pay and receive money without…
Alibaba is not buying Snapdeal, confirms report
Alibaba, a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web…
Paytm launches P2P payment system in place of APP PoS
Paytm, digital wallet platform had recently launched India's first APP PoS allowing all small and medium merchants to accept all card payments…
Paytm witness millions of consumers on its portal due to cash crunch
Paytm, an e-cash wallet, has said that it has witnessed around 35 million transactions for mobile and DTH recharges on its platform post…
Paytm puts its APP POS on hold, due to concerns rising over MasterCard and Maestro
Paytm, digital wallet platform had recently launched India's first APP POS allowing all small and medium merchants to accept all card payments…
Digital wallets users can store up to Rs. 20, 000: RBI
The Central Bank of India has announced that customers using digital wallets can now store up to Rs. 20, 000, in order to deal with the current cash…
Paytm launches App POS to enable small merchants to accept debit and credit cards
Paytm, one of India's largest mobile payment and commerce platform, has updated its app to launch India's first APP POS allowing all small and…
Paytm expects to reach half a million offline merchants by the end of November
The demonetisation of higher Indian currencies has benefited mainly the digital wallets in the country. Paytm, one of the India's largest e-cash…
Paytm introduces 'Nearby', an easy way to find the nearest Paytm merchant
As part of its ongoing mission of helping India go cashless, Paytm, one of India's largest mobile payments and commerce platform, has introduced the…