Paytm Mall’s valuation crashes 99%; Alibaba, Ant Financial exit
The exit of Alibaba and Ant Financial has brought down the valuation of Paytm Mall by more than 99% to a mere $13 million from its peak valuation of $3 billion in 2020.
alibaba
May 2022
July 2021
January 2021
November 2020
April 2020
March 2020
December 2019
October 2019
August 2019
Buffett could double his money with Paytm IPO
Warren Buffett’s Berkshire Hathaway is likely to double its investment in Paytm if the fintech’s parent, One97 Communications, is valued at $21.5 billion.
Paytm’s big play
Paytm is rallying Indian developers for its mini app store in a bid to challenge Google’s dominance in the market. It also fits squarely into its plans of being a super app. Will it succeed?
Three narratives for India’s rise
The mob attack on Capitol Hill and the sudden silence of Jack Ma present a tipping point in the global order. Can India rise to present its case?
Vijay Shekhar Sharma readies for the next frontier
From selling ringtones to running what can be called an Internet conglomerate, Sharma has stayed relevant and is also creating an ecosystem. Now, he wants to take Paytm to the developed world.
Eros-STX merger: Bollywood meets Hollywood
In a cluttered media and entertainment landscape, an Indian company and an American one have joined hands to create content for the world.
bigbasket acquires milk-delivery startup DailyNinja
With the latest acquisition, bigbasket aims to grow its business by about 200% in the next 12 months. Alibaba-backed bigbasket forayed into the milk-delivery space in 2018.
Indian startups raise $14.5 billion in 2019
They have received 25 times more funding than the $550 million in 2010, according to data analytics firm Tracxn.
Calling it a day, Jack Ma style
Jack Ma, who stepped down as Alibaba chairman on September 10, has set a strong precedent for entrepreneurs on succession planning and giving back to society.
Reliance Industries: Riding on clicks and bricks
Reliance plans to launch a unique physical-digital retail business platform that is already being piloted across India and is expected to be rolled out nationally in the coming years.
