The proposal to set up joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20, the company said in a regulatory filing.
In 2021, when the buzz is around start-ups going for IPOs and celebration of Indian entrepreneurship, it's also time to acknowledge the role of global players in the journey to stardom
Paytm E-commerce have bought back the entire stake of Alibaba, which held 28.34 per cent, and Antfin (Netherlands) Holding, which held 14.98 per cent stake, a total of 43.32 per cent, for Rs 42 crore.
The agreement was terminated by Paytm Insuretech as the share sale and purchase transaction was not consummated within the time period envisaged by the parties under the agreement
Digital payments and financial services company Paytm on Sunday said it will seek a new general insurance license with a fresh application, aimed at gaining majority shareholding
Digital payments Paytm said its lending business saw a 449 per cent increase in number of loans disbursed in April and business now has an annualised run-rate of Rs 20,000 crore
Vijay Shekhar Sharma, however, warned Musk about the challenges of building full-self driven cars on Indian roads because of running into the risk of 'most unruly road users'
Digital financial services firm One97 Communication Limited, has tokenised 28 million cards across Visa, Mastercard and RuPay, expects to purge saved card data by June 30, the company said
The company is giving away Rs 11 cashback up to three times by sending money to three different contacts via unified payments interface (UPI) on WhatsApp
Yanamandra is a member of the policy working group of the Digital Currency Global Initiative, which is a collaboration between Stanford University and the International Telecommunication Union