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- PhonePe’s Share.Market CEO Ujjwal Jain steps down
Ujjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling ...More
Ujjwal Jain, CEO of PhonePe's stock trading platform Share.Market, has departed after four years, calling it a "relaunch" for his next venture. Jain, who founded WealthDesk and OpenQ before their acquisition by PhonePe, led the launch of Share.Market in August 2023. This move occurs as PhonePe has postponed its IPO plans. ...Less

- Can you still say Paytm Karo after RBI cancels Paytm Payments Bank licence?
The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank. This action follows p ...More
The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank. This action follows persistent compliance issues. The bank can no longer accept deposits. However, the Paytm app and its core services remain unaffected. Users can continue to use UPI and other payment features. ...Less

- Paytm shares crash 8% as RBI cancels Paytm Payments Bank's banking license. What lies ahead?
Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve B ...More
Shares of One 97 Communications, the driving force behind Paytm, have taken a hit following the Reserve Bank of India's unexpected move to revoke the banking license of Paytm Payments Bank, leading to its impending closure. Nonetheless, the company remains committed to ensuring that its primary services are unaffected. ...Less

- Paytm says no financial or business impact from PPBL action; services remain fully operational
Paytm has said that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will have ...More
Paytm has said that the Reserve Bank of India’s (RBI) action on Paytm Payments Bank Ltd (PPBL) will have no financial or business impact on the company, stressing that it has no material exposure or operational link with the banking entity. ...Less

- RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upside
The RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental ...More
The RBI has cancelled Paytm Payments Bank's license due to regulatory non-compliance, citing detrimental operations and prejudiced management. While Bernstein views this as incrementally negative for parent One 97 Communications, they maintain an 'Outperform' rating, seeing potential for new licenses. Paytm assures stakeholders its core services remain unaffected. ...Less

- Paytm Money: Are your investments safe? Here’s what customers should know
The Reserve Bank of India under section 35A of the Banking Regulation Act, 1949, had directed Paytm Payme ...More
The Reserve Bank of India under section 35A of the Banking Regulation Act, 1949, had directed Paytm Payments Bank Ltd (PPBL or the bank) to stop onboarding of new customers with immediate effect. ...Less

- Users complain of errors for several hours, Paytm says issue now fixed
The company took to Twitter and said, "We regret the inconvenience caused to our valued users this mornin ...More
The company took to Twitter and said, "We regret the inconvenience caused to our valued users this morning due to unprecedented external network issues. Thanks to our engineering teams' swift actions, we were able to get systems up again in a short time. We'd like to help you all individually. Pls read further." ...Less

- Paytm’s cap table turns Indian: What changes now?
Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority I ...More
Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This shift is driven by increased participation from domestic institutional investors (DIIs). ...Less

- CDSL reviews Paytm Money's KYC process
Paytm Money, the wealth management entity run by One 97 Communications, is being inspected by the Central ...More
Paytm Money, the wealth management entity run by One 97 Communications, is being inspected by the Central Depository Services India. Earlier, RBI asked Paytm Payments Bank to stop banking services from the end of this month. However, this order does not have any direct impact on Paytm Money, which operates independently. ...Less

- Paytm Money launches bond investing on its platform for retail investors
Paytm Money has launched an advanced bond platform for retail investors, simplifying debt investing for i ...More
Paytm Money has launched an advanced bond platform for retail investors, simplifying debt investing for individuals, enabling them to invest in government, corporate and tax-free bonds. Paytm Money presents all information related to yield, coupon frequency, clean price and coupon record dates on one dashboard on its app. The company believes bonds are the best way for first-time investors to enter the capital markets and the best way to achieve a diversified wealth portfolio, adding that the potential of debt markets in India can have 100 million investors. Currently, the bonds on Paytm Money are being launched with an early access waitlist program. ...Less

- Paytm Money CEO Varun Sridhar steps down; Rakesh Singh appointed as chief executive
Paytm Money, the wealth management platform of One 97 Communication, has replaced chief executive Varun S ...More
Paytm Money, the wealth management platform of One 97 Communication, has replaced chief executive Varun Sridhar, at the helm since 2020, with Rakesh Singh. Singh was the chief executive of broking services at Fisdom, a PayU-backed fintech. Sridhar will be moved to a different role within the Paytm group. ...Less

- Paytm Money appoints Vipul Mewada as CFO
The position of the finance chief at Paytm Money had been vacant since April 2023, when Amit Kapoor left ...More
The position of the finance chief at Paytm Money had been vacant since April 2023, when Amit Kapoor left the firm after a nearly three-year stint. Mewada, who joined the company in the last week of January, was earlier the deputy CFO at ICICI Securities. ...Less

- Paytm Money extends deadline for mutual fund investors to open demat account
“The backend technology integration with BSE StAR provides multiple advantages to our retail investors, a ...More
“The backend technology integration with BSE StAR provides multiple advantages to our retail investors, and as per regulatory requirements, investors need to open a demat account and generate a UCC on our platform. The Demat account will remain free for life for investments in direct mutual funds,” said Paytm Money CEO Varun Sridhar. ...Less

- Paytm Money moves direct mutual fund investors to BSE star exchange
Instead of using their own platform for direct transactions, Paytm money will migrate to the BSE StAR exc ...More
Instead of using their own platform for direct transactions, Paytm money will migrate to the BSE StAR exchange platform and the transactions will use Paytm’s broking code instead of RIA Code. ...Less

- Paytm Money posts 4% growth in April, outpaces Dhan in active clients
Even Dhan, often cited as Paytm Money's direct challenger in the tech-forward broking space, grew by just ...More
Even Dhan, often cited as Paytm Money's direct challenger in the tech-forward broking space, grew by just 1 per cent -- making Paytm Money the clear outperformer for the month in both percentage and absolute terms. ...Less

- Paytm Money expects its market share in direct MF to increase to 50 pc in 6 months
"Currently, we have 40 per cent of total direct mutual fund subscribed from our platform. With Paytm Swit ...More
"Currently, we have 40 per cent of total direct mutual fund subscribed from our platform. With Paytm Switch, we expect it to go to 50 per cent in next 5-6 months," Pravin Jadhav, whole-time director at Paytm Money, told PTI. ...Less

- Exclusive: Paytm Money set to get a new chief executive officer
Sandiip Bharadwaj, who was the chief operating and digital officer at HDFC Securities, is set to occupy t ...More
Sandiip Bharadwaj, who was the chief operating and digital officer at HDFC Securities, is set to occupy the corner office at Paytm Money, people in the know told ET. Rakesh Singh, the current chief executive who joined the firm last year, will assume a different role within the group. ...Less

- Paytm shares climb nearly 4% on SEBI’s green signal for Paytm Money’s research analyst license
Paytm share price: The company stated that this move is in line with Paytm Money’s strategy to strengthen ...More
Paytm share price: The company stated that this move is in line with Paytm Money’s strategy to strengthen its investment ecosystem by integrating research and advisory services into its platform. This development is expected to increase user engagement, attract more investors, and generate new revenue streams for the company. ...Less

- Paytm Money to start operations in 8 weeks with a dozen AMCs
“There are 43 AMCs. We will integrate with 10-12 of them before commencing operations, and try to get 30- ...More
“There are 43 AMCs. We will integrate with 10-12 of them before commencing operations, and try to get 30-35 AMCs within the next 12 months,” said Pravin Jadhav, senior VP for business at Paytm Money. ...Less

- Paytm ahead on monetisation, diversified business model gives it edge over peers: BofA
Paytm stands out among its competitors in revenue generation. According to a BofA report, its varied inco ...More
Paytm stands out among its competitors in revenue generation. According to a BofA report, its varied income streams, such as merchant lending and financial services, are pivotal to its success. This multifaceted approach bolsters profit margins, solidifying Paytm's strategic emphasis on merchants and financial offerings. With this positioning, the company is well-prepared for continual growth in India's burgeoning fintech landscape. ...Less

- Paytm Money gets Sebi nod to offer research services
With this approval, Paytm Money can now offer Sebi-compliant research services, including investment insi ...More
With this approval, Paytm Money can now offer Sebi-compliant research services, including investment insights, research reports, and data-driven analysis. These services will be integrated into the Paytm Money app under its research and advisory offering. ...Less

- Paytm Money appoints former AMFI CEO NV Srinivasan on its board
Paytm Money added Narasinganallore Venkatesh Srinivasan to its board as a non-executive independent direc ...More
Paytm Money added Narasinganallore Venkatesh Srinivasan to its board as a non-executive independent director. Formerly CEO of the Association of Mutual Funds in India, Srinivasan brings valuable regulatory expertise. The appointment is part of Paytm Money's broader initiative to bolster governance and compliance standards within the company. ...Less

- Paytm Money approved as research analyst by SEBI
Paytm Money Limited received registration as a SEBI-approved Research Analyst, allowing it to offer inves ...More
Paytm Money Limited received registration as a SEBI-approved Research Analyst, allowing it to offer investment insights, research reports, and data-driven analysis. This aligns with its goal to enhance investment offerings and user experience. The new services will be integrated into the Paytm Money app to help investors make informed financial decisions. ...Less

- Paytm Money set for its public entry today
Aimed at democratising mutual fund investments and expanding the overall market of investors, Paytm Money ...More
Aimed at democratising mutual fund investments and expanding the overall market of investors, Paytm Money will gradually give access to consumers, beginning with those who had registered for early access. ...Less

- SIP investments jumped 143%, monthly registration doubled in FY20: Paytm Money
The loss of Paytm in 2019-20 was Rs 2,597.46 crore while in 2018-19 the company had posted a loss of Rs 4 ...More
The loss of Paytm in 2019-20 was Rs 2,597.46 crore while in 2018-19 the company had posted a loss of Rs 4,150.47 crore. Paytm Money said that over 2.5 lakh users have registered for its stockbroking service in less than a month of its launch. ...Less

- Paytm Money's bond platform for retail investors gets rousing interest, CEO Varun Sridhar says
Paytm Money's bond investment platform has seen a great response from retail investors with over 85,000 p ...More
Paytm Money's bond investment platform has seen a great response from retail investors with over 85,000 people applying for access, according to Varun Sridhar, CEO of Paytm Money. Those logged onto the platform mostly looked at tenures ranging from a few days to 39 years, and across various bond categories. ...Less

- Paytm shares gain for 2nd day, rise 3%; here's why
In a statement, Paytm Money said it continues to offer direct MFs on the Paytm Money app, with no change ...More
In a statement, Paytm Money said it continues to offer direct MFs on the Paytm Money app, with no change in investor experience even after integration with BSE StAR. Investors will continue to hold their direct MF investments in SoA format with demat account opening as a mandatory step only as per regulations, the company said. ...Less

- Paytm Money plans to start retail stock broking in 6-8 weeks: Varun Sridhar
Paytm Money, which till now only allowed users to invest in Mutual Funds, is targeting 250,000 new active ...More
Paytm Money, which till now only allowed users to invest in Mutual Funds, is targeting 250,000 new active users over the next year hoping to hit daily volumes of about 600,000 trades a day. ...Less

- Varun Sridhar quits Paytm, plans to startup in the wealthtech space
Varun Sridhar, CEO of Paytm Services said he is planning to start up in the wealthtech space, though the ...More
Varun Sridhar, CEO of Paytm Services said he is planning to start up in the wealthtech space, though the idea and how to bring real value to investors and traders is still a work in progress. ...Less

- Paytm Money opens pre-IPO bids up to Rs 5 lakh for HNIs ahead of LIC offering
The launch of the HNI investment service is in line with a Securities and Exchange Board of India (Sebi) ...More
The launch of the HNI investment service is in line with a Securities and Exchange Board of India (Sebi) circular dated April 5, 2022, which allowed investments of up to Rs 5 lakh per user through the Unified Payments Interface (UPI), from the previous limit of Rs 2 lakh. This change applies to all IPOs after May 1, 2022. ...Less

- Onsurity appoints Paytm Money's Sarvendu Singh as technology head
In his previous stint, he was a founding member at Paytm Money, where he was responsible for building and ...More
In his previous stint, he was a founding member at Paytm Money, where he was responsible for building and scaling various fintech products like mutual funds, NPS, digital gold, and edtech platform for wealth. ...Less

- Paytm shares surge 3% after Paytm Money slashes interest rates, revises brokerage for MTF
Paytm shares experienced a rally after Paytm Money announced revised interest rates for its Margin Tradin ...More
Paytm shares experienced a rally after Paytm Money announced revised interest rates for its Margin Trading Facility, dropping to as low as 9.75% per annum for some investors. The company also revised its brokerage to 0.1% per trade. These changes, effective in April and May 2025, aim to attract both retail and high-value investors by boosting affordability. ...Less
- Paytm Money launches IPO investments for retail investors
The company is leveraging the convenience of UPI infrastructure to offer a faster turnaround time reduced ...More
The company is leveraging the convenience of UPI infrastructure to offer a faster turnaround time reduced to 3-4 days for completion of the entire process. ...Less
- Gold shines online this Akshaya Tritiya
Paytm Money witnessed a 30% year-on-year (YoY) value growth in digital gold sales on their platform this ...More
Paytm Money witnessed a 30% year-on-year (YoY) value growth in digital gold sales on their platform this year. Paytm Money CEO Varun Sridhar said, “In the last three days, we have recorded 50kg of gold sales. The average ticket size has grown from Rs 1,600-1,700 to Rs 2,300-2,500 per transaction.” ...Less
- Competition intensifies as Buffet-backed Paytm enters stock broking space
The newest entrant is venturing into equity broking at a time when first-time investors are flocking to s ...More
The newest entrant is venturing into equity broking at a time when first-time investors are flocking to stock market investing and trading as work from home amid the Covid-19 pandemic has gained traction. ...Less
- Paytm gets SEBI approval to sell direct mutual fund plans
Financial services platform Paytm today said its wholly-owned subsidiary, Paytm Money, has received appro ...More
Financial services platform Paytm today said its wholly-owned subsidiary, Paytm Money, has received approval of market regulator SEBI to become a registered Investment Advisor. ...Less
- Paytm gets Sebi's nod to sell investment, wealth management products
The nod will allow the company to roll out investment and wealth management products. ...More
The nod will allow the company to roll out investment and wealth management products. ...Less
- Paytm Money will let you pre-book IPO allotments
The upcoming IPO rush is expected to trigger heightened competition among new-age online broking entities ...More
The upcoming IPO rush is expected to trigger heightened competition among new-age online broking entities. ...Less
- Sebi approves Paytm UPI handle for IPO applications
Paytm Payments Bank (PPBL) has also entered into a partnership with Paytm Money to enable payment mandate ...More
Paytm Payments Bank (PPBL) has also entered into a partnership with Paytm Money to enable payment mandates for IPO applications. ...Less
- Paytm Money pays Rs 45.50 lakh to settle Sebi violation case
Paytm Money, the stock broking arm of One 97 Communications, has settled a regulatory case with SEBI by p ...More
Paytm Money, the stock broking arm of One 97 Communications, has settled a regulatory case with SEBI by paying ₹45.50 lakh, without admitting or denying violations related to technical glitch framework compliance, system monitoring, and disaster recovery drills. ...Less
- Paytm Money KYC process under review; Satya Nadella on India’s AI potential
The customer verification process of Paytm Money, the wealth management entity run by Paytm’s parent One ...More
The customer verification process of Paytm Money, the wealth management entity run by Paytm’s parent One 97 Communications, is being audited. This and more in today’s ETtech Morning Dispatch. ...Less
- Online investment firms banking on UPI payments on platforms
They are integrating UPI as a mode of payment besides cards and net banking, mainly hoping to make transa ...More
They are integrating UPI as a mode of payment besides cards and net banking, mainly hoping to make transactions seamless and easy for their techsavvy millennial consumers. ...Less
- Zerodha counts Rs 1,600 crore in Coin
In traditional equities business, firm sees daily-trading turnover doubling. ...More
In traditional equities business, firm sees daily-trading turnover doubling. ...Less
- Stockbrokers up for a shakeup, and there is a Buffett hand in it
Discount brokers have already changed the industry and intensified the quest for lower fees. ...More
Discount brokers have already changed the industry and intensified the quest for lower fees. ...Less
- Paytm COO & president Bhavesh Gupta resigns; to take on advisory role
Bhavesh Gupta has resigned as president and COO of One 97 Communications Ltd, effective May 31. He will b ...More
Bhavesh Gupta has resigned as president and COO of One 97 Communications Ltd, effective May 31. He will be transitioning into an advisory role in the office of CEO Vijay Shekhar Sharma. Varun Sridhar, CEO of Paytm Money, has been transitioned to a different role within the group. Sridhar has been replaced by Rakesh Singh. ...Less
- Paytm all set to foray into wealth management
Paytm Money, which will be going live as a separate application on the app store, will start with 12 AMCs ...More
Paytm Money, which will be going live as a separate application on the app store, will start with 12 AMCs and eventually bring in more than 25 after the formal launch. ...Less
- Paytm Money launches ETFs, targets 1 lakh investors in 12-18 months
The platform's interactive interface helps to track the price changes in the preferred ETFs and allows us ...More
The platform's interactive interface helps to track the price changes in the preferred ETFs and allows users to also set a price alert. ...Less
- Ex-Paytm exec Varun Sridhar joins Aspora as CEO
Varun Sridhar, formerly of Paytm Services, has joined Aspora, a fintech platform for the Indian diaspora, ...More
Varun Sridhar, formerly of Paytm Services, has joined Aspora, a fintech platform for the Indian diaspora, as CEO of its wealth and lending business. Sridhar expressed admiration for Aspora's traction with NRIs and its investor backing. Aspora, present in multiple countries, aims to expand further with Sridhar's expertise. ...Less
- LIC IPO: Brokerages, Fintech companies go all out to attract investors
Nearly 9.1 million new demat accounts were opened between January and March, as per the latest data from ...More
Nearly 9.1 million new demat accounts were opened between January and March, as per the latest data from the National Securities Depository Limited (NSDL) and Central Depository Service (India) Ltd (CDSL). The total demat accounts, as of March 31, 2022, increased to 89.7 million compared to 80.6 million, as of December 31, 2021. ...Less
- Paytm Money looks to tap India’s stock trading mania
The app made zero-fee stock trading available to its millions of users last month. It plans to put algori ...More
The app made zero-fee stock trading available to its millions of users last month. It plans to put algorithms to work so India’s young, smartphone-savvy newbie investors can be nudged to exit loss-making trades and book profits at the right opportunity. ...Less
- Girish Mathrubootham steps down as Freshworks CEO
Freshworks founder Girish Mathrubootham has stepped down as the chief executive and is being replaced by ...More
Freshworks founder Girish Mathrubootham has stepped down as the chief executive and is being replaced by Dennis Woodside. This and more in today’s ETtech Top 5. ...Less
- UPI platform to enable MF, equity transactions
Zerodha has integrated with Google Pay so customers get payment notifications on Pay and can transact wit ...More
Zerodha has integrated with Google Pay so customers get payment notifications on Pay and can transact with their UPI pin seamlessly. ...Less
- Paytm app back on Google Play store after being pulled down briefly for policy violation
Paytm removed from Google playstore. Is your money safe? ...More
Paytm removed from Google playstore. Is your money safe? ...Less
- Paytm money app rated 2.9/5 by android users
Mobile-based financial services platforms are becoming increasingly popular. ...More
Mobile-based financial services platforms are becoming increasingly popular. ...Less
- Scripbox raises Rs 151 crore in Series-C Round
Scripbox had raised funds in 2016, when Omidyar Network had come in a year after it picked up its maiden ...More
Scripbox had raised funds in 2016, when Omidyar Network had come in a year after it picked up its maiden institutional cheque. ...Less
- Paytm's new video-based 'Community' to tap young users
Several fintech companies in recent times have resorted to building video-based communities and tap onlin ...More
Several fintech companies in recent times have resorted to building video-based communities and tap online influencers to expand their user base ...Less
- Paytm in talks to acquire insurance marketplace company Coverfox
Coverfox offers both life and non-life insurance policies. It has 50,000 agents and offers products from ...More
Coverfox offers both life and non-life insurance policies. It has 50,000 agents and offers products from 45 insurance companies. ...Less
- Active user base of major stockbrokers drops by a million this year amid regulatory tightening
According to NSE data, the combined active investor base of major platforms, including initial Groww, Zer ...More
According to NSE data, the combined active investor base of major platforms, including initial Groww, Zerodha, Angel One, Dhan, Paytm Money, and PhonePe, fell to 29.5 million in June, down from 30.5 million in February. ...Less
- Udaan buys ShopKirana; Paytm Money’s new CEO
B2B platform Udaan has acquired retail tech startup ShopKirana. This and more in today’s ETtech Top 5. ...More
B2B platform Udaan has acquired retail tech startup ShopKirana. This and more in today’s ETtech Top 5. ...Less
- Can you bid for both retail and policyholder quota in LIC IPO?
LIC has fixed a price band of Rs 902-949 apiece with a minimum lot size of 15 equity shares. The company ...More
LIC has fixed a price band of Rs 902-949 apiece with a minimum lot size of 15 equity shares. The company has announced a discount of Rs 60 per share for the policyholders, whereas retail bidders will get a discount of Rs 45 per share. ...Less
- Paytm shares slide 4% on COO Bhavesh Gupta's exit
Bhavesh Gupta, chief operating officer and president of One 97 Communications Ltd (OCL), the parent compa ...More
Bhavesh Gupta, chief operating officer and president of One 97 Communications Ltd (OCL), the parent company that owns and operates the Paytm brand, has resigned, the fintech firm informed stock exchanges on Saturday. ...Less
- Paytm COO & president Bhavesh Gupta resigns; to take on advisory role
Paytm's chief operating officer and president Bhavesh Gupta resigned on Saturday in yet another top-deck ...More
Paytm's chief operating officer and president Bhavesh Gupta resigned on Saturday in yet another top-deck exit at the fintech company. The Noida-headquartered firm also announced changes in its leadership structure. Paytm Money CEO Varun Sridhar will be replaced by Rakesh Singh. ...Less
- Zomato IPO fully sold on Day 1 in retail rush
While the retail portion of the offer was subscribed 2.7 times, the institutional part was nearly subscri ...More
While the retail portion of the offer was subscribed 2.7 times, the institutional part was nearly subscribed fully, the high networth (non-institutional) part 13% and the part reserved for employees 18%, data on BSE showed. Overall the total IPO was subscribed 1.05 times. ...Less
- Paytm to invest Rs 250 crore to expand Paytm QR
Paytm said the cost of on-boarding a merchant in a small town is at least three to four times more compar ...More
Paytm said the cost of on-boarding a merchant in a small town is at least three to four times more compared to larger cities. ...Less
- Big Tech must stop treating India like a third-world market: Paytm CEO Vijay Shekhar Sharma
Why does Europe get a policy and India only a newspaper advertisement, asks Paytm CEO Vijay Shekhar Sharm ...More
Why does Europe get a policy and India only a newspaper advertisement, asks Paytm CEO Vijay Shekhar Sharma, referring to WhatsApp's clarification on its controversial privacy policy update. ...Less
- Paytm COO Bhavesh Gupta resigns; set to become adviser to CEO office
Bhavesh Gupta, Chief Operating Officer (COO) and President of One 97 Communications (OCL), the parent com ...More
Bhavesh Gupta, Chief Operating Officer (COO) and President of One 97 Communications (OCL), the parent company of the Paytm brand, has resigned. The fintech firm announced this to stock exchanges on Saturday. Gupta will shift to an advisory role at the office of Paytm CEO Vijay Shekhar Sharma by the end of this month. ...Less
- Investment advisers cannot charge implementation fee for advisory clients: Sebi
It further said an investment adviser cannot avail reimbursement of any amount for the services given to ...More
It further said an investment adviser cannot avail reimbursement of any amount for the services given to its clients from the asset management companies (AMCs) whose direct plans are being sold by it to clients. ...Less
- Robo-advisory becomes unviable for fintech firms following Sebi directive
Fintech companies and robo advisory services cater to investors, who can afford to invest only as low as ...More
Fintech companies and robo advisory services cater to investors, who can afford to invest only as low as Rs 500 in mutual funds ...Less
- Paytm hired 20 senior executives in the past four months, plans to hire 30 more
In the past few months, the number of offline and online Paytm transactions combined has grown 35% while ...More
In the past few months, the number of offline and online Paytm transactions combined has grown 35% while the gross transaction value or GTV has grown 50%, the company said without sharing absolute figures. ...Less
- Fintech counts on content to keep investors hooked
TURNING A PAGE: Fintech startups offering stocks and mutual fund investments are leaning on specialised c ...More
TURNING A PAGE: Fintech startups offering stocks and mutual fund investments are leaning on specialised content to retain investor interest. ...Less
- PhonePe is planning to enter the stockbroking business
PhonePe is is awaiting a stockbroking licence from SEBI to join fintech peers Zerodha, Upstox and Paytm i ...More
PhonePe is is awaiting a stockbroking licence from SEBI to join fintech peers Zerodha, Upstox and Paytm in the battle for market share in the super competitive industry. ...Less
- 5paisa Capital Appoints Gaurav Seth the Chief Executive Officer
5paisa Capital has appointed Gaurav Seth as its new CEO. Seth has over two decades of experience in techn ...More
5paisa Capital has appointed Gaurav Seth as its new CEO. Seth has over two decades of experience in technology and wealth management. He previously worked at Syfe and Paytm Money and has led digital transformation projects at Morgan Stanley. Seth’s appointment aims to deepen 5paisa's offerings for traders and investors and enhance its tech platform. ...Less
- Paytm parent pledges all assets to borrow from ICICI Bank
Paytm could be using the funds to push its plans on Paytm Postpaid, which it runs in partnership with ICI ...More
Paytm could be using the funds to push its plans on Paytm Postpaid, which it runs in partnership with ICICI Bank. ...Less
- Paytm parent One97 Comm pledges all assets to borrow from ICICI Bank
Paytm could be using the funds to push its plans on Paytm Postpaid, which it runs in partnership with ICI ...More
Paytm could be using the funds to push its plans on Paytm Postpaid, which it runs in partnership with ICICI Bank ...Less
- Paytm FY'20 revenue rises to Rs 3,629 crore, loss narrows by 40%
Paytm has expanded its financial services with lending, wealth management and insurance segments, which t ...More
Paytm has expanded its financial services with lending, wealth management and insurance segments, which the company claims have opened up new revenue streams. ...Less
- Raise Financial gets $22 million funding from Beenext, Mirae Asset
Raise Financial Services, a fintech startup founded by ex-Paytm Money CEO Pravin Jadhav, plans to invest ...More
Raise Financial Services, a fintech startup founded by ex-Paytm Money CEO Pravin Jadhav, plans to invest $15 million to grow its ‘Dhan’ platform as well as launch its second product targeting first-time investors. ...Less
- Startup founders plot Tata's digital push
The Tata Group, which recently boosted its consumer internet play with the acquisitions of BigBasket and ...More
The Tata Group, which recently boosted its consumer internet play with the acquisitions of BigBasket and 1mg, and a minority investment in Cultfit, is piecing together a blueprint for its digital foray and upcoming ‘super app’. ...Less
- Now you can invest just Rs 100 in some mutual fund schemes
To attract investors, various domestic MFs have slashed minimum lump sum investment in a scheme to ₹100. ...More
To attract investors, various domestic MFs have slashed minimum lump sum investment in a scheme to ₹100. ...Less
- You can now earn 1.5% more via direct plans in mutual funds
With several mobile apps allowing investors to buy direct mutual funds, they can earn higher returns comp ...More
With several mobile apps allowing investors to buy direct mutual funds, they can earn higher returns compared with those from regular plans. ...Less
- Zerodha faces investors' fury on technical glitch
"Because of Zerodha, I suffer a loss of Rs 80,000 in ONGC. Zerodha app was stuck. I sold my holding for i ...More
"Because of Zerodha, I suffer a loss of Rs 80,000 in ONGC. Zerodha app was stuck. I sold my holding for intraday and stock runs like a wild horse from 65 to 82 within 5 min & came down to 62. I was trying to exit my position but thanks to Zerodha, my stock was sold. Buying price 148," a user tweeted. ...Less
- Pravin Jadhav's Raise Financial launches Dhan investing app for early access
"We have started rolling out invites to users who signed up for early access," the investment platform tw ...More
"We have started rolling out invites to users who signed up for early access," the investment platform tweeted Friday. "We'll build with early users, with a wider rollout over the next few days." ...Less