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Paytm targets revenue of Rs.10,000 crore in the next one year

The Indian e-commerce startup, Paytm, plans to hit their Rs.10,000-crore revenue target in the next one year. As part of its business expansion, the firm...

Paytm launches ‘First’ loyalty programme based on subscription

Paytm, on Tuesday, announced that it has launched its first rewards and loyalty programme that works on a subscription basis. Users can subscribe to the programme, called Paytm...

Paytm’s parent company pledges its assets to borrow funds from ICICI...

One97 Communications, which is the parent company of Paytm, has recently pledged all of its mutual fund investments and current assets to ICICI Bank. This will...

Paytm Payments Bank now allows users to invest in mutual funds...

The Bengaluru-based mobile-first bank, Paytm Payments Bank, has now enabled its 42 million users to invest in mutual funds directly, through Paytm. The users will...

Paytm led the UPI transaction race in January 2019

Following demonetization by the Modi-led Government and the launch of the digitization drive in the country, more citizens in the country have adopted Unified...

NPCI restricts P2P transactions to 10 per day

The National Payments Corporation of India (NPCI), in a circular, stated that they have decreased the number of peer-to-peer (P2P) transactions that can be...

Warren Buffett owned Berkshire Hathaway pours $300 million in Paytm

Warren Buffett owned Berkshire Hathaway has invested $300 million dollars in the One97 Communications Limited backed Indian digital payment services company Paytm.   The investment was...

Face recognition for Paytm transactions will soon be a reality

Following the footsteps of tech giant Apple, which has embedded the face recognition tool to open its smartphones, Paytm is all set to roll...

Amazon looks to sell insurance in India

Amazon, the world’s largest online retailer is planning to enter the insurance industry and strengthen its financial services offering in India. Amazon India plans to...

Google to comply with Reserve Bank of India’s data localisation rules

Google will comply with Reserve Bank of India’s data localisation rules, following a meeting between Google CEO Sundar Pichai and India’s IT minister Ravi...