Piramal Finance, Paytm Collaborate to Provide Loans
Today, Paytm launched a collaboration with Piramal Capital & Housing Finance to increase the availability of merchant loans in India’s smaller cities and villages. Over...
Tag : paytm
Paytm’s Q1 Net Loss Widens to Rs 645 Crore
Paytm has reported a net loss of Rs 645 crore in the first quarter of FY23. Net losses widened on a year-on-year (y-O-y) basis in...
Paytm Key Managers’ Stock-Based Compensation Surges 50x in FY22
Employee stock option (ESOP) fees for fintech giant Paytm’s so-called key executives, including CEO and MD Vijay Shekhar Sharma and CFO Madhur Deora, surged 50-fold...
Zomato Allots 4.66 Crore Shares to Employees at Re 1 Per Share in Sell-Off
Food delivery company Zomato, which allocated 4.66 crore shares from its ESOP (Employee Stock Option Plan) pool at a strike price of Rs 1, fell...
Zomato Falls 11%, Closes at Fresh Low of Rs 47.55 as One-Year IPO Lock-In Ends
Zomato shares tumbled on Monday as investors scrambled to sell their shares after freezing all of its pre-IPO shares for a year. The stock closed...
Paytm Hits Over Three-Month High, Shares Up 36% in Two Months
Shares of One97 Communications, the parent company of fintech firm Paytm, rose 4% after hitting a more than three-month high of Rs 739 on Thursday...
Paytm’s Loan Disbursement Rises 9-Fold to Over Rs 5,550 Crore
On Monday, Paytm said that the value of loans disbursed through its platform rose 779% year-on-year, or nine-fold, to Rs 5,554 crore ($703 million) in...
Paytm’s Lending Business Hits Rs 24K Crore Revenue Run Rate in June
Paytm had said that the platform’s lending and payments business achieved a milestone annualised run rate of Rs 24,000 crore in June. The company also...
Matrix Partners to Raise $450 Million for New India Fund
Matrix Partners India is a subsidiary of US venture capital (VC) firm Matrix Partners, which has backed unicorns such as Ola and Razorpay, according to...
Vijay Shekhar Sharma Buys Back Paytm Shares Worth Rs 11 Crore
According to a regulatory filing, Vijay Shekhar Sharma, managing director of digital financial services firm One97 Communications, has purchased 1.7 lakh shares in the company...