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Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.- Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
- Digital payments, mobile economy have significant room for expansion; no slowdown in transaction growth: Paytm CEOIndia's digital economy is set for major growth. Technological innovation and increasing consumer trust will drive expansion. Artificial in...
- Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.
- Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
- Gautam Adani calls for India to build, power, and own AI infrastructure on home soilGautam Adani states energy and digital infrastructure will shape future global power. He urges India to build its own artificial intelligen...
- Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
- SBI cards sells Rs 1,800-crore bad loans to Integro FinservSBI Cards has taken a bold step in fortifying its financial health by offloading a considerable portion of its stressed credit card debt, v...
- Paytm Travel, Agoda Partner to offer hotel bookings across Indian, global destinations on Paytm appPaytm partners with digital travel platform Agoda to offer hotel booking services on the Paytm app. This collaboration enhances Paytm Trave...
- Labour ministry settles Paytm employee’s layoff grievanceIn a statement issued on Wednesday, it said that its regional labour commissioner, Bengaluru resolved the grievance to the satisfaction of ...
- Paytm parent gets labour ministry notice for alleged forced layoffsThe labour commissioner of Bengaluru has summoned the company representatives and complainants to present their cases.
- Paytm likely in talks with Zomato to sell movie ticketing businessPaytm is in advanced talks to sell its movie and events ticketing business to Zomato amid declining sales. The move is part of Paytm's revi...
- Surinder Chawla appointed as MD & CEO of Paytm Payments BankChawla replaces Deependra Singh Rathore, who was made interim CEO after Satish Kumar Gupta retired in October 2022.
- Paytm offers special flight fares for armed forces, students, senior citizensUsers can simply search for flight options after entering their details and discover the applicable offers, which come at a considerable di...
- Paytm in exploratory talks with three payment gateway firms: SourcesPaytm is exploring a deal around the time when it is also looking at raising about $3 billion (about ₹21,900 crore) from capital markets th...
- Will Jack Ma's disappearance break Vijay Shekhar Sharma's back?With other strategic backers like Softbank fussing over profitability after Vision Fund’s missteps it’s time for Sharma to figure out what ...
- 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 30-35 AMCs within the next 12 months,...
- RSS wing to study Paytm ties with Chinese Company AlibabaMeanwhile, Paytm Founder and Chief Executive Vijay Shekhar Sharma has told PTI that the payments and e-commerce platform is “as Indian as M...
- Paytm founder Vijay Shekhar Sharma goes to meet UP CM Akhilesh Yadav ... in a rickshaw!Anticipating traffic, the Paytm CEO hopped onto a rickshaw.
- Small sellers skip add-on options in online marketplacesMuch like other marketplaces that have started outreach programmes for sellers, Paytm Force has seen good uptake from smaller and medium me...
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