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SHEKHAR SHARMA
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...
Paytm block deal: SAIF Partners, others likely to sell stake worth Rs 963 crore, says reportPaytm's existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The ...
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
Fintechs looking to AI to unlock opportunities, cost efficienciesIndia's leading fintech firms, including Paytm, PB Fintech, and Groww, are aggressively expanding into new business areas like wealth manag...
Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
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...
Stocks in news: BSE, Britannia, Paytm, Meesho, RILIndian markets showed resilience, climbing despite volatility, buoyed by positive global trends and falling crude oil prices. Analysts anti...
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 ...
SBI promotes 8 CGMs as DMDs in annual reshuffleState Bank of India has elevated eight Chief General Managers to Deputy Managing Director positions. These promotions align with the bank's...
Paytm Payments Bank is finished. Ashvin Parekh on what it means for your money & your Paytm appThe RBI has cancelled Paytm Payments Bank's license. This formal step concludes a process that began in 2022. The winding-down process is n...
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.
RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
Nervous Indian fintechs push Anthropic for access to MythosOne97 Communications, Razorpay Software and Pine Labs are among the Indian companies that have pushed the San Francisco-based AI developer ...
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 ...
Rs 250 for listening to your problems. Rs 1000 to cry with you. Mumbai’s beachside therapist has Paytm founder’s attentionA man named Prithvi Raj Bohra offers a unique service on Mumbai beaches. He listens to people's problems for a fee. Bohra, with a backgroun...
Inclusive growth should be priority of government: Vijay Shekhar Sharma, PaytmVijay Shekhar Sharma, MD of Paytm, emphasizes the importance of economic growth reaching every corner, urging the next government to priori...
In GIFT City, we are building a technology for global cross-border remittances system: Vijay Shekhar SharmaVijay Shekhar Sharma, CEO of Paytm, discusses the opportunities offered by GIFT City and the IFSCA. GIFT City is a place where global marke...