Paytm

Paytm sells its stake in Japanese payments firm PayPay to SoftBank for $279.2M, ending Paytm's ties with SoftBank, which sold its remaining Paytm shares in June

Manish Singh / TechCrunch :

Paytm sells its stake in Japanese payments firm PayPay to SoftBank for $279.2M, ending Paytm's ties with SoftBank, which sold its remaining Paytm shares in June

Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm sheds …

Zomato acquires Paytm's entertainment ticketing business for $244.1M; the division contributed about 9% to Paytm's overall revenue in Q1 2024

Manish Singh / TechCrunch :

Paytm founder Vijay Shekhar Sharma plans to buy a 10.3% stake in Paytm from Ant without using cash, apparently to cut Paytm's exposure to Ant; PAYTM jumps 5%+

Manish Singh / TechCrunch :

Sources: four consortia, comprised of companies like Reliance, Paytm, Amazon, Facebook, Google, and Visa, are preparing bids to operate India's digital payments

Sources: four consortia, comprised of companies like Reliance, Paytm, Amazon, Facebook, Google, and Visa, are preparing bids to operate India's digital payments

Saritha Rai / Bloomberg :

Facebook's deal with Jio is unlikely to make a dent in India's mobile payments market, where Google Pay, PhonePe, and Paytm have emerged as the big players

So it's confirmed: Facebook has bought 9.9% stake in Jio Platforms Limited, the parent company of Reliance Jio Infocomm Limited, for $5.7 billion (Rs 43,574 crore).

Paytm has acquired NightStay, which offers last-minute bookings at luxury hotels, and says it plans to invest ~$70M in scaling up its travel operations

Anumeha Chaturvedi / The Economic Times :

Sources: Warren Buffet's Berkshire Hathaway has agreed to acquire a 3%-4% stake in Paytm's parent company One97 Communications, valuing Paytm at over $10B

Softbank and Alibaba-backed Paytm may get valued at $10 billion after this funding from Berkshire Hathaway

Sources: SoftBank in talks to invest about $1.4B in One97, owner of India's largest digital payments provider Paytm, valuing the company at about $7B

Bloomberg :