Paytm appoints ex-Citigroup executive Madhur Deora as CFO

Mobile payment and e-commerce company Paytm, owned by One97 Communications has appointed former Citigroup executive Madhur Deora as it chief financial officer and senior vice president, according to a statement. Deora, an alumnus of Wharton School, was earlier with Citigroup Investment Banking as managing director, where he handled the firm’s TMT and private equity clients. […]

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Paytm in talks to raise $300-350 mn from MediaTek, Temasek and others

PaytmOne 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, is in talks to raise $300-350 million (Rs 2,000-2,350 crore) from a clutch of potential investors that include chipmaker MediaTek Inc, Singapore state investment arm Temasek Holdings Pte and Goldman Sachs Inc, several media reports said. According to Mint, which reported the development […]

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Paytm in talks to raise $300-350 mn from MediaTek, Temasek and others

PaytmOne 97 Communications Ltd, which runs mobile payments and e-commerce platform Paytm, is in talks to raise $300-350 million (Rs 2,000-2,350 crore) from a clutch of potential investors that include chipmaker MediaTek Inc, Singapore state investment arm Temasek Holdings Pte and Goldman Sachs Inc, several media reports said. According to Mint, which reported the development […]

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Paytm gets Ruchita Taneja Aggarwal and Priya Karnik from Citibank for its payments bank

Ruchita-Taneja-AggarwalOne97 Communications Pvt Ltd, which runs mobile payments and commerce platform Paytm, has roped in Ruchita Taneja Aggarwal and Priya Karnik of Citibank for its yet-to-launch payments bank. Aggarwal will head banking operations while Karnik will spearhead product development for banking operations separately, a statement from Paytm said. Before joining Paytm, Aggarwal was director of […]

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Ex-RBI exec Shinjini Kumar to head Paytm’s payments bank

Shinjini-KumarMobile wallet and e-commerce firm One97 Communications Ltd has appointed Shinjini Kumar, a former RBI executive and currently director at management consultancy firm PricewaterhouseCoopers (PwC), as CEO of its payments bank. Kumar is expected to take charge next month, according to separate media reports which cited unnamed sources. Prior to her directorship at PwC, Kumar was country compliance head […]

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