Tag: paytm
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…
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…
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,…
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…
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…
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….
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…
Venturi Partners announces first close of second fund at $150 million
Consumer sector-focused venture capital firm Venturi Partners has announced the first close of its second fund at $150 million. The total value of the fund…
Elevation Capital raises $400 million late-stage fund to back IPO-bound startups
Venture capital firm Elevation Capital, which has backed the likes of Paytm, Swiggy, Meesho and Urban Company, is moving beyond its core early-stage investment focus…