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Paytm shares jump over 3%, extending fourth straight day of gains. Here's whyPaytm shares rose sharply on Monday, extending their fourth straight session of gains after One97 Communications announced full ownership o...
New-age firms rejig boards fast to plug IPO gaps: LonghouseIndian startups preparing for IPOs are rapidly overhauling boards, hiring independent directors and boosting diversity, often within six mo...
India’s chip debut, Sebi chief’s quantum warningHappy Thursday! A made-in-India chip module is headed to the US. This and more in today’s ETtech Morning Dispatch.
Paytm brings entities under direct ownership to simplify its structurePer the terms of the restructuring, Paytm will acquire stakes from its founder, Vijay Shekhar Sharma, and his entities in subsidiaries, inc...
Paytm parent restructures to bring financial, tech entities under direct ownershipPaytm's parent company, One 97 Communications, is undergoing a major internal restructuring. The company will bring several financial and t...
Paytm’s general insurance deal with Raheja QBE terminatedIn a stock exchange filing late on Sunday night, Paytm parent One97 Communications (OCL) said “the share sale and purchase transaction has ...
Byju’s eyes multi-billion-dollar deals, may acquire Chegg; banks raise fintech concerns with RBIByju Raveendran told us in an interview that the next 12 months will be the best time to acquire companies, and that Byju’s is looking at s...
Paytm’s Raheja QBE deal is off; Navi Finserv to raise Rs 600 cr from bond saleOne97 Communications, the parent company of Paytm, has said its deal to acquire Raheja QBE General Insurance Company Ltd has been terminate...
Paytm to file for new license, says bullish about its roadmap for general insuranceIn a regulatory filing, Paytm reiterated its intention to make inroads in the general insurance sector, as it is extremely bullish about it...
IPO market braces for Omicron, US rate hike falloutAccording to Pranav Haldea, the bigger threat for IPO market is the newly detected Omicron variant and the possibility of the US Federal Re...
ETtech Deals Digest: Acko, Groww raise funds this weekGeneral insurance startup Acko became the 32nd startup unicorn of 2021 after it picked up $255 million in funding led by General Atlantic a...
Paytm IPO & changes in its insurance biz; Delhivery's valuation may reach $5BPaytm's upcoming initial public offering (IPO) — touted as the largest ever in India — is set to value the firm at about $19.5-$20 billion ...
Paytm founder Vijay Shekhar Sharma to self-finance stake increase in insurance bizOne97 Communications founder Vijay Shekhar Sharma and two of his holding companies — VSS Holdco and VSS Networks — together will own close ...
Indian unicorns go hire and higher; Paytm sets IPO dateIndia’s startup unicorns have a problem, but it’s a good problem to have. Flush with funds in a year of unprecedented investments, and chas...
Swiss Re to invest Rs 920 crore in Paytm’s insurance unitSwiss Re will invest around Rs 397 crore upfront and the remaining capital will come in tranches, subject to fulfilment of certain mileston...
Flipkart, Amazon, Paytm, others rush to get a pie of growing insurance marketFlipkart, Amazon, Ola, Paytm, PhonePe and Freecharge are selling diversified sets of policies — ranging from health, life, motor, and busin...