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?
fintech industry
January 2021
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March 2020
HDFC Bank's Jagdishan faces his first challenge
On the 37th day since taking charge, the RBI diktat—gagging HDFC Bank’s digital initiatives and addition of new credit card customers—is the first big challenge for the bank's new MD & CEO.
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.
Hello Razorpay, India's newest unicorn
The fintech firm's co-founder and CEO, Harshil Mathur, says that the company aims to double its merchant base to 10 million small and medium businesses by the end of the year.
How Covid-19 gave CredAble a leg-up
The supply chain financing fintech has seen monthly disbursal jump from an average ₹100 crore to ₹1,000 crore through the Covid-19-induced lockdown.
‘The bar for fundraising is higher now’
Vikram Chachra, founding partner, 8i Ventures, points out that in the early-stage space, VC investors have shown a clear bias towards pedigreed founders but that is beginning to change.
Near bullseye: Paytm cuts losses by 40%
Vijay Shekhar Sharma had predicted that the company’s losses would decline by at least 50%.
Capital Float raises $15 million in equity funding
The Bengaluru-based fintech company says it will utilise the funds to boost its capital base and ramp up SME and consumer loan services.
Indian fintech versus Covid-19
India has some of the most evolved fintech for large populations in the world. Now, it will be tested to deliver critical income in the hands of the poor in the time of the coronavirus.
YES Bank moratorium disrupts services at PhonePe
Udaan has temporarily paused settlements to YES Bank accounts; Razorpay, which also partners with YES Bank, said its payment gateway services are unaffected.
