Tag: paytm
Paytm plans 10% staff increase in AI pivot, to lay off 400
Fintech pioneer Paytm is set to hire about 4,000 people over the next nine months, part of a pivot aimed at expanding its merchant network…
SoftBank books 7x returns as Lenskart emerges top India bet
SoftBank has clocked about 7x returns from a partial stake sale in Lenskart, making the eyewear retailer one of the Japanese investor’s strongest shows in…
Zoho, Uber, Paytm, BSE invest Rs 220 crore in ONDC
The Open Network for Digital Commerce has raised Rs 220 crore in primary capital from software firm Zoho, mobility platform Uber, fintech company Paytm and…
Listed digital payment majors finally turn a corner in FY26
Listed Indian digital payment companies, loss-making for years, finally turned a corner in fiscal 2026 with Pine Labs and Paytm reporting full-year net profits for…
Razorpay to solely focus on omnichannel for offline play
Online payments company Razorpay has tamed its offline expansion plans amid sluggish growth of the vertical, three industry executives aware of the matter told ET….
Delhivery grants 1 lakh stock options to employees
In a filing with the stock exchanges, new-age logistics company Delhivery said it has granted 1,00,360 stock options to eligible employees under its Employee Stock…
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloff
Falling share prices of new-age companies in the quarter to March, tracking weaker macroeconomic indicators, pushed mutual funds to step up buying and raise their…
Razorpay plans confidential IPO filing soon; targets $600-700 million raise at $5-6 billion valuation
Fintech unicorn Razorpay is preparing to confidentially file for an initial public offering (IPO) within the next few weeks, according to multiple people familiar with…
Easebuzz in hunt for Rs 300 crore, valuation may cross $250 million
Pune-based digital payment processor Easebuzz is looking to raise Rs 200 to 300 crore in a fresh funding round, which could propel the firm’s valuation…
Razorpay picks Axis, Kotak, Citi, and JPMorgan to manage its IPO
Digital payments major Razorpay has finalised four investment banks for its upcoming public listing, according to two people in the know. Axis Capital, Kotak Mahindra,…