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Mobikwik, other mobile wallets bank on payments bank license

MobiKwik’s vision is to reach 100 million mobile Indians with a low cost payment and banking solution by 2016. The post Mobikwik, other mobile wallets bank on payments bank license appeared first on...

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I bought a TV after I sold my first company: The many struggles of Paytm’s...

I believe, If you are at it, you should get it. I believe in Aham Brahmasmi -- I am the creator. The post I bought a TV after I sold my first company: The many struggles of Paytm’s Vijay Sharma...

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India’s Taobao: Paytm launches zero commission marketplace

That Paytm is challenging the behemoths like Flipkart is good news for consumers but some questions remain: how will it help logistics of merchants on its network and how will it address problems like...

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Paytm makes offline foray, teams up with Cafe Coffee Day, Domino’s

The integration is on and the service should be available by mid-June The post Paytm makes offline foray, teams up with Cafe Coffee Day, Domino’s appeared first on Firstpost.

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PayTM gifts customer the laptop that was mistakenly delivered to him instead...

PayTM decided to gift Delhi-based Anuj Chauhan the laptop he was mistakenly sent instead of a WiFi router as a goodwill gesture after he decided to return it. The post PayTM gifts customer the laptop...

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After Snapdeal, it’s Paytm: FIR against co’s directors for fraud done by...

After an FIR against Snapdeal for selling prescription drugs online, a case has been filed against mobile wallet service provider Paytm directors (Vijay Shekhar sharma and Harinder Pal) for fraud...

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Decoding Alibaba-Paytm deal: Indian e-tailers are at a new inflection point

E-retailers are so busy building revenues that they do not see it is in their interests to block the Chinese imports The post Decoding Alibaba-Paytm deal: Indian e-tailers are at a new inflection point...

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Ratan Tata buys into women’s fashion portal Kaaryah

Ratan Tata has already made personal investments in homegrown e-commerce players like Snapdeal, Urban Ladder, Bluestone and Cardekho.com. The post Ratan Tata buys into women’s fashion portal Kaaryah...

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Mr FM, if PSU banks don’t move their butts, payment banks will steal their lunch

E-wallets are already growing fast, and when payment banks enter the picture, public sector banks will find customers moving their low-cost deposits elsewhere. They are going to face further dents to...

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Alibaba Group in talks to buy stake in Paytm: sources

Alibaba's financial arm Ant Financial, which runs the Alipay online payment platform, is already an investor in Paytm's parent, having agreed in February to buy a 25 percent stake. The post Alibaba...

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Flipkart raises $700 mn at $15 bn valuation but can it beat Amazon’s $5 bn...

Flipkart was valued at $11 billion in December The post Flipkart raises $700 mn at $15 bn valuation but can it beat Amazon’s $5 bn war chest? appeared first on Firstpost.

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Paytm strikes title sponsorship deal with BCCI till 2019 for Rs 203.28 crore

From now on, the domestic Ranji competition will be known as the 'Paytm Ranji Trophy'. The post Paytm strikes title sponsorship deal with BCCI till 2019 for Rs 203.28 crore appeared first on Firstpost.

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High or not, Rahul Yadav in talks with Paytm for his next venture

Despite the holiday in Ladhak, rumour has it that Rahul Yadav is in talks with Paytm founder Vijay Sekhar Sharma for possible investment in his new venture. The post High or not, Rahul Yadav in talks...

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11 entities get payments bank licences: What it means for Indian banking sector

Here is a low down on the latest development The post 11 entities get payments bank licences: What it means for Indian banking sector appeared first on Firstpost.

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SBI chief is more right than Raghuram Rajan on the threat from payment banks

Payment banks are no small threat to public sector banks, with their high costs structures. The post SBI chief is more right than Raghuram Rajan on the threat from payment banks appeared first on...

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Meru drives into new zone, rolls out CarPool service

Integrated into the Meru Cabs mobile app, CarPool offers the 'personal car' ride sharing option for people travelling in the same direction or area. The post Meru drives into new zone, rolls out...

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Ratan Tata joins IDG Ventures as senior advisor

IDG Ventures is a venture capital fund with focus on early stage technology startups. The post Ratan Tata joins IDG Ventures as senior advisor appeared first on Firstpost.

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Alibaba, Ant Financial up India game, pick up stake in Paytm

New Delhi - One97 Communications, the parent company of Indian mobile payment and commerce platform Paytm, today said it has received funding from Chinese giant Alibaba Group Holding and its Ant...

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My name is Raghuram Rajan and I do what I do: RBI boss does a Shah Rukh on...

At the press conference called to announce the fourth bi-monthly monetary policy, Rajan was asked if he was being Santa Claus in giving more than expected or should his statement be read as hawkish....

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India’s e-tailers need to learn retail in detail to make dollar dreams real

If Indian e-commerce players have to address customer stickiness, they will have to view themselves as retailers and focus on product and merchandise development to overcome such supply constraints....

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