One97 Communications

“For our credit business to grow, we actually do not need incremental consumers on our platforms,” Paytm CEO Vijay Shekhar Sharma said. | Photo Credit: Businessline Paytm Payments Bank Ltd and One97 Communications Ltd (OCL) are two…

Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call,…

One97 Communications Ltd (OCL), which owns leading digital payments brand Paytm, on Wednesday enabled devotees visiting the Kedarnath shrine to make donations using Paytm UPI or Wallet by scanning the Paytm QR code.Devotees from across…

China’s Ant group and Masayoshi Son-led SoftBank, two of the largest investors in Paytm’s parent One97 Communications, are looking at reducing their holding in the fintech major. Paytm founder and chief executive Vijay Shekhar Sharma,…

Large investors in One 97 Communications, which operates digital payments major Paytm, including Masayoshi Son’s SoftBank and China’s Ant group, an affiliate of Alibaba, have discussed selling shares in the company through a secondary stock…

Digital financial services firm One97 Communications, which operates under the Paytm brand, on Tuesday said it has completed buyback of shares worth Rs 849.83 crore at an average price of Rs 545.93 per share. According to a regulatory…

As the business collapse looked imminent due to misreporting of financials, cash burn and other reasons, GoMechanic's founders floated a new startup and tried to sell the idea of spinning off its spare parts business to raise capital. But…

The week gone by was a mixed bag for investors in listed new-age tech companies. While some startups narrowed losses, others reported a manifold rise in losses. Most of the listed tech companies have seen stock valuations halve as investors…

NEW DELHI: One of Paytm’s early backers, China’s Alibaba Group, is believed to have sold a 3.4% stake today in the fintech firm to bring its shareholding down to zero, according to a report.In a block deal, 3.4% equity or 2.1 crore shares…

The week gone by was a mixed bag for investors in listed new-age tech companies. While some startups narrowed losses, others reported a manifold rise in losses. Most of the listed tech companies have seen stock valuations halve as investors…