Tag: paytm

Haptik’s founder Aakrit Vaish, investor Pratyush Choudhury launch $75 million AI fund Activate
Posted in Startups

Haptik’s founder Aakrit Vaish, investor Pratyush Choudhury launch $75 million AI fund Activate

Haptik cofounder Aakrit Vaish and former principal investor at Together Fund Pratyush Choudhury on Wednesday announced Activate, a new $75 million fund aimed at backing…

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Tesla’s Model Y deliveries kick off in Gurugram; early buyers include Paytm’s Sharma, former Zomato CEO Rakesh Ranjan
Posted in Startups

Tesla’s Model Y deliveries kick off in Gurugram; early buyers include Paytm’s Sharma, former Zomato CEO Rakesh Ranjan

A few days after the launch of Tesla’s Model Y at the Gurugram centre on Wednesday, members of the startup community were seen arriving to…

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Early Paytm backer Elevation Capital part sells stake in fintech worth Rs 1,556 crore
Posted in Startups

Early Paytm backer Elevation Capital part sells stake in fintech worth Rs 1,556 crore

Venture capital firm Elevation Capital (formerly SAIF Partners) offloaded 1.19 crore shares of Paytm parent One97 Communications worth Rs 1,555.95 crore via a bulk deal,…

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Canada’s Clairvest Group writes off investment in Head Digital Works after real money gaming ban
Posted in Startups

Canada’s Clairvest Group writes off investment in Head Digital Works after real money gaming ban

Canadian investment firm Clairvest Group has written off its investment in online gaming company Head Digital Works (HDW), which operates the skill gaming platform A23…

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DPIIT inks pacts with over 50 firms to promote mfg, innovation ecosystem for startups
Posted in Startups

DPIIT inks pacts with over 50 firms to promote mfg, innovation ecosystem for startups

New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has so far inked pacts with over 50 firms, including ITC, Flipkart, and…

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Paytm to deploy GroqCloud to enhance AI on its platforms
Posted in Startups

Paytm to deploy GroqCloud to enhance AI on its platforms

Fintech firm One 97 Communications, which owns Paytm brand, will deploy Groq AI technology to build high-performance AI models that enhance transaction processing, risk assessment,…

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Image for India Quotient raises $129 million in Fund 5; expands leadership team
Posted in Startups

India Quotient raises $129 million in Fund 5; expands leadership team

Synopsis India Quotient, a seed-to-early-stage venture capital fund, has successfully raised $129 million for its fifth fund. The firm also announced the elevation of Kanika…

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Vijay Shekhar Sharma showcases Made-in-India Paytm AI soundbox to Piyush Goyal
Posted in Startups

Vijay Shekhar Sharma showcases Made-in-India Paytm AI soundbox to Piyush Goyal

Paytm Founder and CEO Vijay Shekhar Sharma showcased the company’s Made-in-India Paytm AI Soundbox to Union Minister for Commerce and Industry Piyush Goyal, reaffirming Paytm‘s…

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Paytm parent restructures to bring financial, tech entities under direct ownership
Posted in Startups

Paytm parent restructures to bring financial, tech entities under direct ownership

Paytm‘s parent, One 97 Communications Ltd, has approved a comprehensive internal restructuring plan to bring several of its financial and technology subsidiaries under direct ownership….

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UPI Push Sparks 377% Rise in Digital Gold in 16 Months
Posted in Economy

UPI push sparks 377% rise in digital gold in 16 months

Investing in gold is undergoing a shift, with more consumers opting for digital gold even as prices of the yellow metal spiral. The volume of…

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