Paytm Crisis – Softbank Sells Remaining Paytm Stake, Incurs $150 Mn Loss
Japanese Softbank Vision Fund has exited from the Indian fintech major Paytm, with a loss of approximately $150 million.
Paytm
Paytm Update: ED questions Paytm before launching a formal investigation, Chinese FDI issue circles Paytm
Following RBI's actions against Paytm Payments Bank (PPBL), the Directorate of Enforcement (ED) is reportedly conducting a preliminary probe.
Paytm Update: CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman amid RBI curb
Amid RBI's curb on Paytm Payments Bank Ltd (PPBL), Founder & CEO Vijay Shekhar Sharma on Tuesday met Finance Minister Nirmala Sitharaman.
Paytm Update: Stocks jump 5 percent, Reliance Jio to acquire Paytm Wallet
Paytm witnessed a 42 percent fall in its stocks after RBI's curb. Today, Paytm shares were trading at a 5 percent increase. Jio is rumored to acquire Paytm wallet.
‘Paytm Nahi Karo’ – RBI imposes major restrictions on Paytm Payments Bank
RBI today announced that with effect from February 29, 2024, Paytm Payments Bank won't be allowed to accept deposits or top-ups in customer accounts.
Ex-Paytm Shankar Nath launches Junio, a kids-focused fintech startup
Ex-Paytm senior vice president, Shankar Nath after a two-year sabbatical has launched Junio, a kids-focused fintech startup.
Paytm launches Mini App Store for Indian developers, a proprietary take on Google
India's fintech unicorn Paytm, on Monday, 5 October 2020, launched its 'Android Mini App Store' to help Indian developers market their apps.
![Weekly Roundup - Top startup news you ought not to miss [Sep 14 - Sep 20]](https://laffaz.com/wp-content/uploads/2020/09/laffaz-weekly-top-startup-news-aug-14-sep-20-768x402.jpeg)
Weekly Roundup – Top startup news you ought not to miss [Sep 14 – Sep 20]
Here’s to this week’s news roundup, featuring the top startup news and stories from MENA and India published on LAFFAZ from 14 to 20 September, 2020.
Google removes Paytm app from Google Play Store due to policy violation
Google on Friday (18 September 2020) has reportedly removed the popular payments and e-wallet app Paytm from Google Play Store.
Paytm Mall faces data breach by ‘John Wick’ – denies reports
The e-commerce arm of India's fintech giant Paytm, Paytm Mall is denying reports claiming its data breach by a known hacker 'John Wick'
