Both Flipkart and Amazon, with their Big Billion Day and Great Indian Festival respectively, are also looking to speed up deliveries and reduce delivery time by at least a day
The Mukesh Ambani-led company based in Mumbai has a total subscriber base of 12.3 crore, according to figures released by telecom regulator.
Smartphones of Lenovo, Panasonic, Micromax, Vivo smartphones and recently launched Xiaomi Mi Max 2 have also been listed with 10 per cent cashback. To check out all the deals on smartphones, head here.
Paytm has decided to take on Facebook-owned WhatsApp messenger by launching its own messaging service on its app.
Paytm said its pre-GST sale will offer a cashback of up to Rs. 20,000 on items including televisions, consumer durables, premium laptops and DSLR cameras
In his new role Amit Sinha, as the Chief Operating Officer, will be responsible for overall operations of Paytm Mall
The deal, said to value around Rs 82 crore, will mark the first entry of an Internet billionaire into the Lutyens’ zone which houses around 1,000 bungalows but has only 70 for private use
Snapdeal had acquired FreeCharge in 2015 for an estimated Rs 2,400 crore in a stock-cash deal
Backed by Chinese firm Alibaba and Japanese conglomerate SoftBank, the company has earmarked initial investment of Rs 400 crore to build its banking network over two years
Homegrown mobile payment and e-commerce platform Paytm, run by One97 Communication Ltd, has raised $1.4 billion (approx. Rs 9,100 crore) funding from Japanese internet and telecom major SoftBank Group, the company said here on Thursday.
As per the Central bank’s guidelines, the company will transfer its wallet business to the newly incorporated payments bank entity under a payments bank licence awarded to Founder and CEO Vijay Shekhar Sharma
The development comes at a time when Paytm is looking to expand into areas such as banking and finance and will need significant funds over the next three years
Prime Minister Narendra Modi and Paytm founder Vijay Shekhar Sharma were the only two Indians to make it to an annual list of '100 most influential people in the world' this year released by the Time magazine today.
The Japanese conglomerate is believed to be in discussions with Paytm for a funding of Rs 64,000 crore into the payments platform. The move comes at a time the company is already discussing Snapdeal’s sale to Flipkart
Paytm has seen a steep surge in its valuation following the government's drive to transform India into a cashless society
South Korean multinational electronics company Samsung today launched its mobile payment service Samsung Pay in India that will enable users to make payments using debit cards, credit cards, mobile wallet like Paytm and unified payments
Money lost due to fraudulent transactions as a result of theft, burglary, loss of device or unauthorized access of user’s Paytm wallet will now be refunded
The company already had a team of data scientists operating out of Paytm Labs in Toronto since 2014.
The government today said that billionaire Mukesh AMbani-led Reliance Jio and Vijay Shekhar Sharma’s digital payments wallet company PayTM have issued an apology before it for using the photographs of Prime Minister Narendra Modi in
The company says the move is to combat ‘rotation’ of cash by users to earn ‘free’ money that Paytm offers in the form of reward points
Top News
Latest News
