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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...
- Big travel deals on this credit card - Rs 8000 discount on Air India flights, up to 20% off on hotel bookings & moreMaking travel more rewarding and accessible for customers this summer, BOBCARD is offering instant discounts, exclusive deals, and convenie...
- 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.
- RBI's new draft guidelines have digital wallets feeling the pinchFounders and senior industry executives told ET that the new draft guidelines released by the RBI on April 22, if implemented in the curren...
- Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
- Instant househelp orders jump; Agnikul eyes new fundingHappy Monday! Instant house help startups collectively reached three million monthly bookings in April. This and more in today's ETtech Mor...
- Paytm shares climb 5% after Q4 results. Do Jefferies, Goldman Sachs and Bernstein see further upside?Paytm's parent company, One 97 Communications, reported a profit of Rs 184 crore for the fourth quarter. This led to a significant rally in...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- Paytm Q4 Results: Co turns to black, logs profit of Rs 184 crore vs loss a year agoPaytm Q4 Results: One 97 Communications, which operates Paytm reported a net profit of Rs 184 crore in the fourth quarter, compared with a ...
- UPI volumes report 3% dip in April to 22.5 billion transactions after record high numbers in MarchUPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sect...
- Palo Alto Networks acquires Portkey; Tim Cook on Apple's India growthPalo Alto Networks is acquiring Portkey, doubling the AI infrastructure startup's valuation. This and more in today's ETtech Top 5.
- Smaller UPI apps to demand fresh curbs on market leaders at NPCI meet: SourcesSmaller third-party UPI players are set to propose new curbs on market leaders like PhonePe, Google Pay, and Paytm to the NPCI. They aim to...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- 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 Indian ownership and control. This ...
- From Rs 20 chai transactions to Rs 285 lakh crore flows; UPI marks a decade of India's payments revolutionIn the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...
- Paytm shares climb 4% after merchant payment volumes rise 39% YoY in JulyPaytm in an exchange filing said that the merchant payment volumes (GMV) for the month of July 2023 stood at Rs 1.47 lakh crore ($17.9 bill...
- Paytm monthly users increase by 19% to 9.3 croreSequentially, the company saw merchant subscriptions increase by about 4 lakh in July 2023, Paytm said in a filing.
- Paytm says loan disbursement via platform at Rs 5,502 crore in MayPaytm, the Indian digital payments platform, has experienced a 24% YoY increase in its average monthly transacting users (MTU) at 9.2 crore...
- Paytm to invest Rs 750 crore to reach 250 million monthly active users by MarchPaytm currently has a monthly active user base of around 140 million.
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