Japanese Softbank Vision Fund has exited from the Indian fintech major Paytm, with a loss of approximately $150 million.
Read MorePaytm Crisis – Softbank Sells Remaining Paytm Stake, Incurs $150 Mn Loss Following RBI's actions against Paytm Payments Bank (PPBL), the Directorate of Enforcement (ED) is reportedly conducting a preliminary probe.
Read MorePaytm Update: ED questions Paytm before launching a formal investigation, Chinese FDI issue circles Paytm Amid RBI's curb on Paytm Payments Bank Ltd (PPBL), Founder & CEO Vijay Shekhar Sharma on Tuesday met Finance Minister Nirmala Sitharaman.
Read MorePaytm Update: CEO Vijay Shekhar Sharma meets Finance Minister Nirmala Sitharaman amid RBI curb 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.
Read MorePaytm Update: Stocks jump 5 percent, Reliance Jio to acquire Paytm Wallet 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.
Read More‘Paytm Nahi Karo’ – RBI imposes major restrictions on Paytm Payments Bank Ex-Paytm senior vice president, Shankar Nath after a two-year sabbatical has launched Junio, a kids-focused fintech startup.
Read MoreEx-Paytm Shankar Nath launches Junio, a kids-focused fintech startup India's fintech unicorn Paytm, on Monday, 5 October 2020, launched its 'Android Mini App Store' to help Indian developers market their apps.
Read MorePaytm launches Mini App Store for Indian developers, a proprietary take on Google 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.
Read MoreWeekly Roundup – Top startup news you ought not to miss [Sep 14 – Sep 20] Google on Friday (18 September 2020) has reportedly removed the popular payments and e-wallet app Paytm from Google Play Store.
Read MoreGoogle removes Paytm app from Google Play Store due to policy violation 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'
Read MorePaytm Mall faces data breach by ‘John Wick’ – denies reports