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The National Payments Corporation of India (NPCI) is thinking about changing the rules for payment companies like Google Pay, PhonePe, and Paytm. Currently, NPCI restricts what percentage of the market …
India Considers Relaxing Rules for Android Pay Operators Read More
Reliance Industries spinoff Jio Financial Services said Monday evening that it is not negotiating with Paytm to acquire its wallet business, quashing “speculative” media reports as the Noida-headquartered firm scrambles …
Jio Financial says not in talks to acquire Paytm’s wallet business Read More
Shares of Paytm plunged 10% on Monday, the third consecutive session of declines, touching an all-time low of 438.35 Indian rupees (or $5.28) after the RBI’s clampdown last week looks …
India’s Paytm is in flux Read More
Shares of Paytm fell another 20% Friday before hitting the lower circuit that temporarily halts trading as the Indian financial services firm reels from the clampdown by the central bank. …
Indian central bank’s clampdown wipes $2.1 billion off Paytm Read More
Paytm said Thursday that it will cease work with its associate Paytm Payments Bank and accelerate plans to partner with other banks, after India’s central bank barred Paytm Payments Bank …
Paytm to terminate business with Paytm Payments Bank after central bank’s clampdown Read More
Paytm dropped 20% on Thursday before recovering slightly after the Indian financial services firm announced plans to issue fewer personal loans under 50,000 Indian rupees ($600), a move that has …
India’s Paytm slides 20% on curbing low-value personal loans Read More
Several Indian startups joined the initial public offering (IPO) rush in 2021 and since then a dozen startups have been listed on the bourses. Entrackr has sifted through the latest …
How new-age startup IPOs performed in Q1 FY24 Read More