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Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field

Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive payments markets. The Noida-headquartered firm, […]

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Startups Weekly: Oyo’s toxicity + A farewell

Startups Weekly: Oyo’s toxicity + A farewell Welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week I wrote about the startups we lost in 2019. Before that, I noted […]

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Goldman Sachs leads $15M investment in Indian fintech startup ZestMoney

Goldman Sachs leads M investment in Indian fintech startup ZestMoney One of America’s largest banks has just poured some money to help millions of Indians without a credit score secure loans and make purchases online for the first time in their lives. Bangalore-based ZestMoney announced today it has raised $15 million from […]

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Indian B2B food tech startup HungerBox raises $12M from Paytm and others

Indian B2B food tech startup HungerBox raises M from Paytm and others HungerBox, an Indian food tech startup that has courted 10 of the 11 largest companies in the country to use its services, today announced it has raised $12 million from Paytm and others as it looks to sign clients in […]

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India’s financial services firm Paytm raises $1B

India’s financial services firm Paytm raises B Paytm said on Monday it has raised $1 billion in a new financing round as the Noida-headquartered firm, which once dominated the local mobile payments market, attempts to fight back giants Google, Walmart’s PhonePe, and Facebook. The company said the new financing round, dubbed Series […]

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Amazon now sells movie tickets in India

Amazon now sells movie tickets in India Amazon has set its eye on the next business it wants to disrupt in its key overseas market India: online movie tickets. The e-commerce giant said Saturday it has partnered with local online movie ticketing giant BookMyShow to introduce booking option on Amazon India shopping […]

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India’s Darwinbox raises $15M to bring its HR tech platform to more Asian markets

India’s Darwinbox raises M to bring its HR tech platform to more Asian markets An Indian SaaS startup, which is increasingly courting clients from outside of the country, just raised a significant amount of capital to expand its business. Hyderabad-based Darwinbox, which operates a cloud-based human resource management platform, said on Thursday […]

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The emergence of super apps in Latin America

The emergence of super apps in Latin America Thiago Paiva Contributor Share on Twitter Thiago Paiva is a fintech entrepreneur, writer and investor. He is the co-founder of Liquia Digital Assets, an investment platform for international investments using blockchain technology. The super apps WeChat and Alipay became an integral part of the […]

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Paytm’s annual loss doubles to $549M

Paytm’s annual loss doubles to 9M Running a payments business in India is not cheap. Just ask Paytm . One of India’s largest payment companies reported a net loss of Rs 3959 crore ($549 million) for the financial year that ended in March, up 165% over 1490 crore ($206 million) in the […]

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Alibaba’s UCWeb to launch an e-commerce service in India

Alibaba’s UCWeb to launch an e-commerce service in India UCWeb, a subsidiary of Chinese giant Alibaba Group, plans to launch an e-commerce service in India in the coming months. In a statement to TechCrunch, a UCWeb spokesperson said the firm plans to build an e-commerce service around content platforms in India. The […]

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