one97 communications

One97 Communications Ltd (OCL), which owns leading digital payments brand Paytm, on Wednesday enabled devotees visiting the Kedarnath shrine to make donations using Paytm UPI or Wallet by scanning the Paytm QR code.Devotees from across…

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Large investors in One 97 Communications, which operates digital payments major Paytm, including Masayoshi Son’s SoftBank and China’s Ant Group, an affiliate of Alibaba, have discussed selling shares in the company through a secondary stock…

China’s Ant group and Masayoshi Son-led SoftBank, two of the largest investors in Paytm’s parent One97 Communications, are looking at reducing their holding in the fintech major. Paytm founder and chief executive Vijay Shekhar Sharma,…

Today we are breaking a story on private equity major ChrysCapital holding talks to write a $100-million (Rs 828-crore) cheque in eyewear retailer Lenskart. This is part of a larger $400-500 million funding round at the company.Also in this…

Digital financial services firm One97 Communications, which operates under the Paytm brand, on Tuesday said it has completed buyback of shares worth Rs 849.83 crore at an average price of Rs 545.93 per share. According to a regulatory…

As the business collapse looked imminent due to misreporting of financials, cash burn and other reasons, GoMechanic's founders floated a new startup and tried to sell the idea of spinning off its spare parts business to raise capital. But…

The week gone by was a mixed bag for investors in listed new-age tech companies. While some startups narrowed losses, others reported a manifold rise in losses. Most of the listed tech companies have seen stock valuations halve as investors…

The week gone by was a mixed bag for investors in listed new-age tech companies. While some startups narrowed losses, others reported a manifold rise in losses. Most of the listed tech companies have seen stock valuations halve as investors…

Days after banning 94 digital-lending platforms and 138 betting and gambling apps, the IT ministry on Friday revoked the order for some of the affected companies, including PayU-owned LazyPay and Kissht. The partial repeal of the ban came…