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NPCI flags misuse of virtual IDs; q-comm’s festive playHappy Thursday! The NPCI is taking strict action against unauthorised use of virtual IDs. This and more in today’s ETtech Morning Dispatch.- WazirX’s legal woes mount; NPCI’s big profitTwo large users of WazirX have raised questions about the legal proceedings over the $230-million cyberhack. This and more in today’s ETtec...
- Zomato to acquire Paytm’s movie ticketing, events biz for Rs 2,048 croreET reported on June 16 that Zomato is looking to acquire Paytm’s movie booking and events unit -- in a deal that may value Paytm’s vertical...
- Online merchants under GST scanner; Infosys bonus payoutHappy Wednesday! The rapid growth of digital payments has also increased the scrutiny of online merchants due to surge in cases of tax evas...
- Zomato in talks to acquire Paytm's movies, ticketing business; deal pegged at around Rs 2,000 croreZomato’s interest in acquiring Paytm's events and movie ticketing business is in line with the Gurgaon-based company's efforts towards capt...
- Zomato, Stripe secure final RBI nod for online payment aggregatorZomato, in a stock exchange filing, said it will operate the online payment aggregator through its wholly-owned subsidiary Zomato Payments ...
- Zomato temporarily halts UPI rollout for new usersZomato’s move to launch its own UPI offering had come at a time when the National Payments Corporation of India, which manages the UPI netw...
- Zomato starts own UPI offering, Flipkart to follow suitThe Gurugram-based company has partnered with ICICI Bank for the service, and will allow users to make merchant payments as well as peer-to...
- India’s fallen tech darlings are value buys for Franklin Templeton after $20 billion wipeout“We are looking at new tech companies as their valuations have been reset,” Anand Radhakrishnan, chief investment officer for equities at F...
- The harsh reality of 5 famed Indian IPOs: $18 billion-wipeout!Indian IPOs raised a record $18 billion in 2021 on government efforts to foster startups combined with easy-money policy and a surge in ret...
- Zomato CEO donates Esops worth Rs 700 crore; Musk’s Twitter faces ad exodusZomato CEO Deepinder Goyal said on Friday he would donate all proceeds from his employee stock options (Esops) to the Zomato Future Foundat...
- Alarm bells! One out of every 3 debutants of 2021 trading below listing priceBSE’s IPO index is set for worst month since March 2020
- Indian bankers book bumper fees from record $18 billion in IPOsThere are many more share sales lined up for next year in India besides the proposed mega listing by state-owned Life Insurance Corp. of In...
- Zomato incorporates subsidiary Zomato PaymentsThe incorporation has been done to carry the business of providing payment aggregator services and payment gateway services under the Reser...
- Zomato, Paytm set to supercharge India's hot IPO marketStocks that have debuted this year are up by an average of 62%, according to data compiled by Bloomberg -- buoyed by a liquidity-fueled sto...
- Zomato may advance IPOIn today's ETtech Morning Dispatch: Zomato may advance its IPO, Indian SaaS can be a trillion-dollar market by 2030; and PayPal Ventures le...
- SoftBank seeks CCI approval to invest in SwiggyThe technology fund of Masayoshi Son-led SoftBank Group Corp. is finalising a $450-million investment into the online food delivery platfor...
- Nomura bullish on Zomato, pegs valuation at $1.4 billionNomura's optimism surrounding Zomato and its largest stake holder Info Edge sent the stock soaring to Rs 1221.85/share with Info Edge closi...
- Ola Cabs switches to PayU as main payment gateway“At the end of the day, both Ola and Uber want to give customers the best experience, so it is critical to make the payments process seamle...
- Rise of Zomato: How food menus gave out a full business courseZomato is gearing to compete with US-based Yelp which is present in 28 countries. Yelp last year earned revenues of over $232 million.
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