Paytm Shares Rise 8%, Hit More Than 9-Month High with ‘Buy’ Rating on BofA Securities
Shares of One 97 Communications, Paytm’s parent company, rallied 8% to hit over a nine-month high of Rs 785.50 in Thursday’s intraday trade after brokerage...
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Paytm Rose 24% in Monthly Transacting Users, Loan Offtake Spikes 169%
One97 Communications, Paytm’s parent firm, said that its average monthly transacting users plunged 24% YoY to 9.2 crores in the April and May 2023 quarters,...
Softbank Sells 2% Stake Worth $120 Million in Paytm to Meet SEBI Rules
On Thursday, Japanese tech investor SoftBank notified stock exchanges that it had sold a 2.07% stake in One97 Communications Limited, the parent of fintech firm...
Paytm Share Soars 5% on Sustained Growth in Q4
On May 8, Paytm’s shares were trading 5% after the company’s net loss narrowed to Rs 168 crore in the March quarter of FY23 from Rs...
Paytm Shares Jump 4% Ahead of Q4FY23 Results
Shares of Paytm’s parent company One97 Communications surged 4% to Rs 697.5 per share on the BSE in intraday trade on Friday, ahead of the...
PhonePe Launches UPI Lite for Smaller Payments 2 Months After Paytm
PhonePe rolled out the UPI (Unified Payments Interface) Lite payments feature in its app to offer faster payments for smaller transactions two months after its...
PhonePe Raises Another $100 Million from General Atlantic, Others
Digital payments and financial services startup PhonePe have raised another $100 million from General Atlantic and its co-investors at a pre-money valuation of $12 billion...
Paytm Shares Rise as Gross Merchandise Value Rises 40% in March Quarter
Financial services firm Paytm said the gross merchandise value (GMV) of merchants processed through its platform rose 40% year-on-year to Rs 3.62 lakh crore ($44...
PhonePe Launches New App Pincode at ONDC to Strengthen its E-Commerce Presence
PhonePe has launched Pincode, a new app for consumers that will be part of India’s Open Network for Digital Commerce (ONDC) framework, as the Walmart-backed...
Paytm Shares Rise 3% on Block Deal Worth Rs 56.78 Crore
Shares of One97 Communications Ltd (OCL) rose nearly 3%, with 875,000 shares or a 0.13% stake worth Rs 56.78 crore changing hands in a block...