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ANT VS PAYTM
Antfin exits Paytm in Rs 3,800 crore bulk deal. What zero-Chinese ownership means for investorsAntfin’s exit from Paytm marks a significant shift in the company’s ownership structure, eliminating all Chinese shareholding. Antfin (Neth...- China's Ant Group to exit Paytm: ReportChina's Ant Group plans to fully exit Indian fintech firm Paytm by selling its remaining 5.84% stake via block deals worth $433.72 million....
- Sensex tumbles over 1,000 points, Nifty below 24,700; IT, bank stocks top dragsIndian benchmark indices Sensex and Nifty experienced a decline on Tuesday morning, reversing gains from the previous day's surge. This dow...
- AWS to invest over $12 billion in India till 2030: CEO; Paytm opposes IAMAI’s stand on digital competitionAdam Selipsky, the newly appointed chief executive of Amazon’s cloud unit, Amazon Web Services (AWS), said India is a “high growth market” ...
- SoftBank sells 2% stake in Paytm to meet SEBI takeover rulesThe market value of the total sale was not declared in the regulatory filing but reports said that it could be worth around $120 million.
- Paytm’s Vijay Shekhar Sharma says his stock grants will vest only after shares cross IPO pricePaytm is looking to break even at the earnings before interest, taxes, depreciation, and amortization (Ebdita) level by end of September 20...
- Hat-trick of unicorns; What are neobanks?Just when you thought the year couldn't get any crazier, three startups have joined the billion-dollar club on consecutive days in an alrea...
- ET Startup Awards Dialogues: Fintech needs heavy liftingLeaders weigh in on the need for robust risk mitigation, tech infrastructure and regulatory changes to ensure sustained growth of fintech e...
- Striking gold: A look at India's growing club of UnicornsFrom 2011 to 2017, India had 10 Unicorns, the nomenclature given to private technology companies valued over $1 billion.
- BigBasket receives $200 million in a round led by AlibabaAs per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplie...
- Why MobiKwik is attempting to morph into a financial services providerMobiKwik is one of the two companies in the wallet space that has the scale and the ecosystem of users and merchants to stretch beyond wall...
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