eBay, Paytm Mall set aside Rs 30 crore for promotions and customer acquisition
From economists cutting their projection of the GDP expansion for 2019-20 to the govt considering more sops and benefits to push electric mobility, here are the top business headlines for Wednesday
From PV sales declining for the 10th straight month to chances that the govt is unlikely to replace the Income Tax Act with the direct tax code, here are the top business headlines for Tuesday
In Sidharth Rao's How I Almost Blew It, besides the stories of the entrepreneurs, what keeps the reader engaged is the writer's observations on the start-up world
One97 Communications banks on its services, other businesses to improve
Dhawan had recently joined Sheroes, a company in which Sharma is one of the key investors
The RBI made the submission in response to a PIL alleging that online payments platform Paytm was providing lending facilities in violation of the law regulating such activity
Experts say Paytm - which claims to hold 80 per cent of the merchant digital wallet market in India at present - has much to gain being the first mover in these markets
Paytm currently has a monthly active user base of around 140 million
Paytm Money already sells mutual fund on its platform and claims to have clocked 40 per cent share in the direct mutual fund segment in the country
SoftBank Group Corp.'s $100 billion Vision Fund has 82 companies in its portfolio who delve into areas from satellites and autonomous driving to chips and cancer detection
One97 Communications Founder Vijay Shekhar Sharma says Paytm Mall's focus has been to empower shopkeepers compared to other e-commerce players who are proxy retailers themselves
The company facilitates bill payment, online purchase of services and products through all payment methods
According to the company, there have been few merchants like educational institutes or utility service providers who do not absorb credit card charges and expect customers to pay the same
Here's a list of products and services that might either pinch your pockets or ease your expenses in the coming months
The company is expanding operations with both online groceries as well as hyperlocal stores
According to sources, Paytm has registered with the Reserve Bank of India to run a P2P lending platform
The company is focussing on getting more than 60 per cent of merchants on-boarded from these tier IV and V towns
Court notice on PIL which alleged PayTM post-paid wallet in contravention of RBI guidelines on payment banks
Citi is already one of the largest credit card issuers in India with over 2.7 million cards in March 2019, while Paytm with interests in e-wallets and e-commerce has 300 million users