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Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...- Paytm Q2FY25 profit slumps 97% to Rs 21 crore on real-money gaming ban; revenue up 24%Digital payments major Paytm reported a net profit of Rs 21 crore in the September quarter, down 97% from Rs 930 crore in the same period l...
- Paytm to add Rs 2,364 crore to its kitty through sale of PayPay sharesOn Saturday, in a stock exchange filing, the Noida-based fintech announced that the shares will be transferred to SoftBank Vision Fund 2. T...
- Paytm Parent to sell 5.4% stake in Japan company PayPay to SoftBankPaytm's parent company, One97 Communications, is selling its 5.4% stake in Japanese payment firm PayPay to SoftBank for approximately $280 ...
- One97 Communications Singapore approves sale of stake in PayPayPaytm's Singapore subsidiary is selling its stake in Japanese payments firm PayPay Corporation, pending approvals. This move is expected to...
- Shreyas Srinivasan, Paytm CPO and founder of Insider.in, bids farewell to the unicorn; shares heartfelt messageShreyas Srinivasan, Paytm's Chief Product Officer, has announced his departure from the company after more than ten years. His exit comes a...
- Zomato’s $1-billion fundraise; Paytm’s first quarterly profitZomato is planning to raise Rs 8,500 crore via the QIP route to take on the competition in the quick commerce stakes. This and more in toda...
- Zomato Gurugram office parking lot video surprises internet. Super-luxury cars go viralA viral Instagram video reveals the luxurious cars at Zomato and Blinkit’s Gurgaon headquarters, including CEO Deepinder Goyal’s Aston Mart...
- BookMyShow’s business story gets Zomato’s Paytm plot twistBookMyShow may face strong competition from Zomato after its acquisition of Paytm's ticketing business. Zomato plans to leverage its custom...
- Paytm shares rally over 5% as brokerages raise target price on Zomato dealPaytm Share Price: Shares of One 97 Communications (Paytm) surged 5.5% to Rs 604.45 on the BSE after brokerages raised their target prices ...
- Zomato surges 3% on Paytm’s ticketing business acquisition, brokerages predict 29% upsideZomato’s shares rose 3% after acquiring Paytm’s ticketing business, marking its entry into event and travel booking sectors. Analysts are o...
- Paytm shares fall 3% amid reports of talks to sell movie ticketing business to ZomatoIf the deal goes through, it will be among the largest buyouts for Zomato after it acquired Uber Eats in 2020 and took over quick commerce ...
- 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...
- SoftBank offloads another 2% stake in PaytmEarlier in February last year, SoftBank held a 13.24% stake in fintech major Paytm and has continued to dilute its stake through the course...
- Zomato block deal alert: Alipay said to have sold 29 crore shares; stock up 4%Alipay, owned by Ant Group, was looking to offload its entire 3.44% stake in Zomato, according to reports. A confirmation will come only in...
- Listed internet companies buck the trend to expand payrolls in FY23While Paytm saw its employee headcount expand by a whopping 3.5 times during the fiscal, PB Fintech, which runs the Policybazaar platform, ...
- Will Dalal Street devils of 2022 turn out to be multibaggers of next decade?Indian new-age tech firms such as Paytm and Zomato, which saw their stocks plunge by up to 60% in 2022 causing cumulative losses of Rs 2 la...
- A year from now, pecking order could be Policybazaar, Zomato and then Paytm: Chakri Lokapriya"Just as telecom industry pricing went through a hard phase; I hope the same is not repeated for payments industry. The future could be phe...
- Paytm share allocation likely on Nov 16 at Rs 2,150 apieceBased on the bid received for Paytm's Rs 18,300 crore initial public offer (IPO), the company will list an enterprise valuation of Rs 1,49,...
- Zomato, Swiggy get notices from Google for violating Play Store norms"Yes, we have received a notice from Google. We believe that the notice is unfair, but we are a small company and have already realigned ou...
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