“We will be one of the final two marketplaces,” says Paytm’s Vijay Shekhar Sharma

Vijay-Shekhar-Sharma,-founder,-PaytmVijay Shekhar Sharma, the founder of Paytm, has risen to the occasion to make the most of the demonetization and the cashless economy push initiated by Narendra Modi government. Full-page advertisements in popular dailies, TV commercials, outdoor as well as ambience campaigns across consumer touch-points by the company are a case in point. The forced […]

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Paytm launches App PoS to allow merchants to accept card payments

Vijay Shekhar Sharma, Founder, PaytmMobile wallet firm Paytm on Wednesday launched what it called India’s first mobile point-of-sale machine, App PoS, as it seeks to benefit from the government’s move to ban high-value currency notes. The company, backed by China’s Alibaba Group, said it expects 10 million App PoS to be downloaded by the end of this week. The […]

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Alibaba Group’s global MD Gowrappan joins Paytm board

PAYTM_Ankit_feAlibaba Group’s global managing director K Guru Gowrappan has joined Paytm’s board as an additional director. This marks the third top-level appointment in the digital wallet firm during the last one week. On October 20, Paytm announced that Amit Singhal, the former head of Google search, will join Paytm’s board of directors, while on October […]

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Alibaba may pick majority stake in Paytm’s e-commerce biz

AlibabaOnline and mobile commerce giant Alibaba, which owns a significant stake in One97 Communications Pvt. Ltd that runs mobile payment and commerce platform Paytm, is likely to pick a majority stake in Paytm’s e-commerce business, a senior company executive said. Paytm has created a separate entity for its online retail business under Paytm E-Commerce Pvt. […]

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